RAMP [OLD] vs Hyperliquid

Hyperliquid (HYPE) is 8056.8× the size of RAMP [OLD] (RAMP) by market capitalisation. Over the past 30 days, HYPE is ahead by 9.2 percentage points (RAMP -15.3% against HYPE -6.0%). Their daily returns move loosely together (correlation 0.39 across 34 shared trading days). HYPE has been the more volatile of the two, at 82% annualised against RAMP's 42%.

Correlation: 0.39
Size ratio: 1 : 8056.8
Ahead over 30 days: HYPE

RAMP [OLD]RAMP

$0.021233

24h: +0.11%
Market cap: $2.58M
Volume 24h: $252
Volatility (ann.): 42%

HyperliquidHYPE

$86.9900

24h: +3.13%
Market cap: $20.79B
Volume 24h: $1.38B
Volatility (ann.): 82%

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

Performance

RAMPHYPE

7 days-4.63%+4.65%HYPE
30 days-15.27%-6.04%HYPE

Correlation

0.39over 34 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4090d: 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	RAMP	HYPE
Max drawdown (400d)	-18.9%	-18.9%
Risk-adjusted return (90d)	-0.36	0.58

Relative strength over 90 days: HYPE outperformed RAMP by 12.5% — measured on the RAMP/HYPE ratio, so it holds regardless of market direction.

RAMP [OLD] →Hyperliquid →