Sato vs Hyperliquid

Hyperliquid (HYPE) is 8614.6× the size of Sato (SATO) by market capitalisation. Over the past 30 days, HYPE is ahead by 94.0 percentage points (SATO -100.0% against HYPE -6.0%). Their daily returns move barely together (correlation 0.24 across 31 shared trading days). SATO has been the more volatile of the two, at 386% annualised against HYPE's 82%.

Correlation: 0.24
Size ratio: 1 : 8614.6
Ahead over 30 days: HYPE

SatoSATO

$0.135529

24h: +3.99%
Market cap: $2.41M
Volume 24h: $19,197
Volatility (ann.): 386%

HyperliquidHYPE

$86.7800

24h: +2.85%
Market cap: $20.72B
Volume 24h: $1.35B
Volatility (ann.): 82%

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

Performance

SATOHYPE

7 days-100.00%+4.65%HYPE
30 days-100.00%-6.04%HYPE

Correlation

0.24over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2490d: 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	SATO	HYPE
Max drawdown (400d)	-100.0%	-18.9%
Risk-adjusted return (90d)	-0.26	0.58

Relative strength over 90 days: HYPE outperformed SATO by 100.0% — measured on the SATO/HYPE ratio, so it holds regardless of market direction.

Sato →Hyperliquid →