OTC Sol vs Hyperliquid

Hyperliquid (HYPE) is 54798.8× the size of OTC Sol (OTC) by market capitalisation. Over the past 30 days, HYPE is ahead by 35.4 percentage points (OTC -41.4% against HYPE -6.0%). Their daily returns move barely in opposite directions (correlation -0.13 across 34 shared trading days). Both have run at a similar volatility, around 85% annualised.

Correlation: -0.13
Size ratio: 1 : 54798.8
Ahead over 30 days: HYPE

OTC SolOTC

$0.000750

24h: -0.28%
Market cap: $373,885
Volume 24h: $18
Volatility (ann.): 88%

HyperliquidHYPE

$85.5600

24h: -0.76%
Market cap: $20.49B
Volume 24h: $1.35B
Volatility (ann.): 82%

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

Performance

OTCHYPE

7 days-7.73%+4.65%HYPE
30 days-41.43%-6.04%HYPE

Correlation

-0.13over 34 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1590d: 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	OTC	HYPE
Max drawdown (400d)	-43.1%	-18.9%
Risk-adjusted return (90d)	-0.47	0.58

Relative strength over 90 days: HYPE outperformed OTC by 39.0% — measured on the OTC/HYPE ratio, so it holds regardless of market direction.

OTC Sol →Hyperliquid →