STON vs Hyperliquid

Hyperliquid (HYPE) is 628.9× the size of STON (STON) by market capitalisation. Over the past 30 days, STON is ahead by 4.0 percentage points (STON -2.0% against HYPE -6.0%). Their daily returns move loosely together (correlation 0.39 across 44 shared trading days). HYPE has been the more volatile of the two, at 82% annualised against STON's 69%.

Correlation: 0.39
Size ratio: 1 : 628.9
Ahead over 30 days: STON

STONSTON

$0.459534

24h: -0.61%
Market cap: $32.38M
Volume 24h: $4,480
Volatility (ann.): 69%

HyperliquidHYPE

$84.7300

24h: -1.69%
Market cap: $20.36B
Volume 24h: $1.41B
Volatility (ann.): 82%

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

Performance

STONHYPE

7 days-4.25%+4.65%HYPE
30 days-2.03%-6.04%STON

Correlation

0.39over 44 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3990d: 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	STON	HYPE
Max drawdown (400d)	-25.7%	-18.9%
Risk-adjusted return (90d)	-0.04	0.58

Relative strength over 90 days: HYPE outperformed STON by 7.8% — measured on the STON/HYPE ratio, so it holds regardless of market direction.

STON →Hyperliquid →