Sheesha Finance (BEP20) vs Hyperliquid

Hyperliquid (HYPE) is 92465.6× the size of Sheesha Finance (BEP20) (SHEESHA) by market capitalisation. Over the past 90 days, HYPE is ahead by 37.3 percentage points (SHEESHA +7.9% against HYPE +45.3%). Their daily returns move loosely together (correlation 0.46 across 21 shared trading days). Both have run at a similar volatility, around 79% annualised.

Correlation: 0.46
Size ratio: 1 : 92465.6
Ahead over 90 days: HYPE

Sheesha Finance (BEP20)SHEESHA

$2.4800

24h: —
Market cap: $211,034
Volume 24h: $1
Volatility (ann.): 77%

HyperliquidHYPE

$81.7900

24h: -3.27%
Market cap: $19.51B
Volume 24h: $1.21B
Volatility (ann.): 81%

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

Performance

SHEESHAHYPE

7 days-6.76%+3.87%HYPE
30 days+20.02%-11.01%SHEESHA
90 days+7.94%+45.28%HYPE

Correlation

0.46over 21 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	SHEESHA	HYPE
Max drawdown (400d)	-71.3%	-18.9%
Risk-adjusted return (90d)	0.13	0.56

Relative strength over 90 days: HYPE outperformed SHEESHA by 6.2% — measured on the SHEESHA/HYPE ratio, so it holds regardless of market direction.

Sheesha Finance (BEP20) →Hyperliquid →