Rovyn.fi vs Hyperliquid

Hyperliquid (HYPE) is 813759.9× the size of Rovyn.fi (RVN) by market capitalisation. Over the past 30 days, HYPE is ahead by 64.5 percentage points (RVN -75.8% against HYPE -11.3%). Their daily returns move barely in opposite directions (correlation -0.02 across 28 shared trading days). RVN has been the more volatile of the two, at 753% annualised against HYPE's 82%.

Correlation: -0.02
Size ratio: 1 : 813759.9
Ahead over 30 days: HYPE

Rovyn.fiRVN

$2.379e-5

24h: -9.62%
Market cap: $23,650
Volume 24h: $1,732
Volatility (ann.): 753%

HyperliquidHYPE

$80.4100

24h: -0.59%
Market cap: $19.25B
Volume 24h: $725.59M
Volatility (ann.): 82%

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

Performance

RVNHYPE

7 days-41.78%+1.09%HYPE
30 days-75.82%-11.35%HYPE

Correlation

-0.02over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0290d: 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	RVN	HYPE
Max drawdown (400d)	-79.7%	-18.9%
Risk-adjusted return (90d)	-0.10	0.50

Relative strength over 90 days: HYPE outperformed RVN by 73.0% — measured on the RVN/HYPE ratio, so it holds regardless of market direction.

Rovyn.fi →Hyperliquid →