Pawtato vs Hyperliquid

Hyperliquid (HYPE) is 10747.3× the size of Pawtato (TATO) by market capitalisation. Over the past 30 days, TATO is ahead by 52.8 percentage points (TATO +46.7% against HYPE -6.0%). Their daily returns move barely together (correlation 0.00 across 29 shared trading days). TATO has been the more volatile of the two, at 145% annualised against HYPE's 82%.

Correlation: 0.00
Size ratio: 1 : 10747.3
Ahead over 30 days: TATO

PawtatoTATO

$0.006786

24h: -2.99%
Market cap: $1.88M
Volume 24h: $2,013
Volatility (ann.): 145%

HyperliquidHYPE

$84.6100

24h: -1.47%
Market cap: $20.23B
Volume 24h: $1.27B
Volatility (ann.): 82%

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

Performance

TATOHYPE

7 days+24.48%+4.65%TATO
30 days+46.74%-6.04%TATO

Correlation

0.00over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0090d: 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	TATO	HYPE
Max drawdown (400d)	-32.2%	-18.9%
Risk-adjusted return (90d)	0.19	0.58

Relative strength over 90 days: TATO outperformed HYPE by 25.8% — measured on the TATO/HYPE ratio, so it holds regardless of market direction.

Pawtato →Hyperliquid →