Prologue vs Hyperliquid

Hyperliquid (HYPE) is 28408.5× the size of Prologue (PROLOGUE) by market capitalisation. Over the past 30 days, HYPE is ahead by 86.3 percentage points (PROLOGUE -92.3% against HYPE -6.0%). Their daily returns move loosely together (correlation 0.48 across 32 shared trading days). PROLOGUE has been the more volatile of the two, at 605% annualised against HYPE's 82%.

Correlation: 0.48
Size ratio: 1 : 28408.5
Ahead over 30 days: HYPE

ProloguePROLOGUE

$0.000711

24h: +2.09%
Market cap: $710,664
Volume 24h: $2,254
Volatility (ann.): 605%

HyperliquidHYPE

$84.3900

24h: -2.14%
Market cap: $20.19B
Volume 24h: $1.37B
Volatility (ann.): 82%

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

Performance

PROLOGUEHYPE

7 days-16.94%+4.65%HYPE
30 days-92.33%-6.04%HYPE

Correlation

0.48over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4890d: 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	PROLOGUE	HYPE
Max drawdown (400d)	-96.3%	-18.9%
Risk-adjusted return (90d)	-0.15	0.58

Relative strength over 90 days: HYPE outperformed PROLOGUE by 89.6% — measured on the PROLOGUE/HYPE ratio, so it holds regardless of market direction.

Prologue →Hyperliquid →