Tread.fi vs Hyperliquid
Hyperliquid (HYPE) is 991.5× the size of Tread.fi (TREAD) by market capitalisation. TREAD has been the more volatile of the two, at 332% annualised against HYPE's 82%.
- Size ratio
- 1 : 991.5
Hyperliquid (HYPE) is 991.5× the size of Tread.fi (TREAD) by market capitalisation. TREAD has been the more volatile of the two, at 332% annualised against HYPE's 82%.
TREADHYPE
| Metric | TREAD | HYPE |
|---|---|---|
| Max drawdown (400d) | -40.8% | -18.9% |
| Risk-adjusted return (90d) | 0.35 | 0.58 |
Relative strength over 90 days: TREAD outperformed HYPE by 36.5% — measured on the TREAD/HYPE ratio, so it holds regardless of market direction.