Orizon vs Hyperliquid

Hyperliquid (HYPE) is 2339993.0× the size of Orizon (ORI) by market capitalisation. Over the past 30 days, HYPE is ahead by 93.9 percentage points (ORI -100.0% against HYPE -6.0%). Their daily returns move barely in opposite directions (correlation -0.10 across 28 shared trading days). ORI has been the more volatile of the two, at 324% annualised against HYPE's 82%.

Correlation: -0.10
Size ratio: 1 : 2339993.0
Ahead over 30 days: HYPE

OrizonORI

$0.022791

24h: +0.49%
Market cap: $8,861
Volume 24h: $4
Volatility (ann.): 324%

HyperliquidHYPE

$86.8400

24h: +3.66%
Market cap: $20.73B
Volume 24h: $1.38B
Volatility (ann.): 82%

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

Performance

ORIHYPE

7 days-99.95%+4.65%HYPE
30 days-99.96%-6.04%HYPE

Correlation

-0.10over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1090d: 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	ORI	HYPE
Max drawdown (400d)	-100.0%	-18.9%
Risk-adjusted return (90d)	-0.31	0.58

Relative strength over 90 days: HYPE outperformed ORI by 100.0% — measured on the ORI/HYPE ratio, so it holds regardless of market direction.

Orizon →Hyperliquid →