ORE vs Hyperliquid

Hyperliquid (HYPE) is 277.0× the size of ORE (ORE) by market capitalisation. Over the past 30 days, ORE is ahead by 121.4 percentage points (ORE +115.4% against HYPE -6.0%). Their daily returns move barely together (correlation 0.19 across 42 shared trading days). ORE has been the more volatile of the two, at 263% annualised against HYPE's 82%.

Correlation: 0.19
Size ratio: 1 : 277.0
Ahead over 30 days: ORE

OREORE

$144.7300

24h: +6.01%
Market cap: $75.08M
Volume 24h: $1.61M
Volatility (ann.): 263%

HyperliquidHYPE

$86.9900

24h: +3.13%
Market cap: $20.79B
Volume 24h: $1.38B
Volatility (ann.): 82%

ORE 0.4%Share of the two combined market caps99.6% HYPE

Performance

OREHYPE

7 days-14.64%+4.65%HYPE
30 days+115.40%-6.04%ORE

Correlation

0.19over 42 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1690d: 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	ORE	HYPE
Max drawdown (400d)	-39.5%	-18.9%
Risk-adjusted return (90d)	0.32	0.58

Relative strength over 90 days: ORE outperformed HYPE by 67.4% — measured on the ORE/HYPE ratio, so it holds regardless of market direction.

ORE →Hyperliquid →