Statics Protocol vs Hyperliquid

Hyperliquid (HYPE) is 3920.3× the size of Statics Protocol (STATICS) by market capitalisation. Over the past 30 days, HYPE is ahead by 49.4 percentage points (STATICS -55.5% against HYPE -6.0%). Their daily returns move closely together (correlation 0.71 across 27 shared trading days). STATICS has been the more volatile of the two, at 243% annualised against HYPE's 82%.

Correlation: 0.71
Size ratio: 1 : 3920.3
Ahead over 30 days: HYPE

Statics ProtocolSTATICS

$0.007332

24h: -4.86%
Market cap: $5.28M
Volume 24h: $36,373
Volatility (ann.): 243%

HyperliquidHYPE

$85.8900

24h: +2.37%
Market cap: $20.70B
Volume 24h: $1.39B
Volatility (ann.): 82%

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

Performance

STATICSHYPE

7 days-9.61%+4.65%HYPE
30 days-55.46%-6.04%HYPE

Correlation

0.71over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.7190d: 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	STATICS	HYPE
Max drawdown (400d)	-62.2%	-18.9%
Risk-adjusted return (90d)	-0.26	0.58

Relative strength over 90 days: HYPE outperformed STATICS by 62.3% — measured on the STATICS/HYPE ratio, so it holds regardless of market direction.

Statics Protocol →Hyperliquid →