Nemesis vs Hyperliquid

Hyperliquid (HYPE) is 22778.3× the size of Nemesis (NEMESIS) by market capitalisation. Over the past 30 days, NEMESIS is ahead by 77.6 percentage points (NEMESIS +71.6% against HYPE -6.0%). Their daily returns move barely together (correlation 0.20 across 31 shared trading days). NEMESIS has been the more volatile of the two, at 362% annualised against HYPE's 82%.

Correlation: 0.20
Size ratio: 1 : 22778.3
Ahead over 30 days: NEMESIS

NemesisNEMESIS

$0.000910

24h: +9.46%
Market cap: $909,642
Volume 24h: $8,583
Volatility (ann.): 362%

HyperliquidHYPE

$86.7800

24h: +2.85%
Market cap: $20.72B
Volume 24h: $1.35B
Volatility (ann.): 82%

NEMESIS 0.0%Share of the two combined market caps100.0% HYPE

Performance

NEMESISHYPE

7 days+44.80%+4.65%NEMESIS
30 days+71.56%-6.04%NEMESIS

Correlation

0.20over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2090d: insufficient data1y: insufficient data

Measured on daily returns rather than on prices. Two assets that both simply trend upward score near 1.0 on raw prices whether or not they move together, so returns are what answer the question people mean by correlation.

Risk & extremes

Metric	NEMESIS	HYPE
Max drawdown (400d)	-46.3%	-18.9%
Risk-adjusted return (90d)	0.38	0.58

Relative strength over 90 days: NEMESIS outperformed HYPE by 133.2% — measured on the NEMESIS/HYPE ratio, so it holds regardless of market direction.

Nemesis →Hyperliquid →