Sai vs Hyperliquid

Hyperliquid (HYPE) is 598.8× the size of Sai (SAI) by market capitalisation. Over the past 30 days, HYPE is ahead by 3.7 percentage points (SAI -9.8% against HYPE -6.0%). Their daily returns move closely together (correlation 0.64 across 46 shared trading days). HYPE has been the more volatile of the two, at 82% annualised against SAI's 48%.

Correlation: 0.64
Size ratio: 1 : 598.8
Ahead over 30 days: HYPE

SaiSAI

$12.7600

24h: +5.23%
Market cap: $33.83M
Volume 24h: $2
Volatility (ann.): 48%

HyperliquidHYPE

$84.6400

24h: -1.82%
Market cap: $20.26B
Volume 24h: $1.41B
Volatility (ann.): 82%

SAI 0.2%Share of the two combined market caps99.8% HYPE

Performance

SAIHYPE

7 days-2.27%+4.65%HYPE
30 days-9.75%-6.04%HYPE

Correlation

0.64over 46 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.6590d: 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	SAI	HYPE
Max drawdown (400d)	-16.9%	-18.9%
Risk-adjusted return (90d)	-0.14	0.58

Relative strength over 90 days: HYPE outperformed SAI by 13.1% — measured on the SAI/HYPE ratio, so it holds regardless of market direction.

Sai →Hyperliquid →