PulseBitcoin (PulseChain) vs Hyperliquid

Hyperliquid (HYPE) is 59628.9× the size of PulseBitcoin (PulseChain) (PLSB) by market capitalisation. Over the past 30 days, HYPE is ahead by 19.1 percentage points (PLSB -25.1% against HYPE -6.0%). Their daily returns move barely together (correlation 0.34 across 34 shared trading days). PLSB has been the more volatile of the two, at 158% annualised against HYPE's 82%.

Correlation: 0.34
Size ratio: 1 : 59628.9
Ahead over 30 days: HYPE

PulseBitcoin (PulseChain)PLSB

$0.017278

24h: +3.33%
Market cap: $346,383
Volume 24h: $250
Volatility (ann.): 158%

HyperliquidHYPE

$86.7400

24h: +3.87%
Market cap: $20.65B
Volume 24h: $1.25B
Volatility (ann.): 82%

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

Performance

PLSBHYPE

7 days+8.68%+4.65%PLSB
30 days-25.11%-6.04%HYPE

Correlation

0.34over 34 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3790d: 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	PLSB	HYPE
Max drawdown (400d)	-50.2%	-18.9%
Risk-adjusted return (90d)	-0.21	0.58

Relative strength over 90 days: HYPE outperformed PLSB by 30.4% — measured on the PLSB/HYPE ratio, so it holds regardless of market direction.

PulseBitcoin (PulseChain) →Hyperliquid →