Umia vs Hyperliquid

Hyperliquid (HYPE) is 1088.8× the size of Umia (UMIA) by market capitalisation. Over the past 30 days, UMIA is ahead by 31.0 percentage points (UMIA +25.0% against HYPE -6.0%). Their daily returns move barely together (correlation 0.14 across 29 shared trading days). UMIA has been the more volatile of the two, at 200% annualised against HYPE's 82%.

Correlation: 0.14
Size ratio: 1 : 1088.8
Ahead over 30 days: UMIA

UmiaUMIA

$0.761481

24h: -3.44%
Market cap: $18.54M
Volume 24h: $193,343
Volatility (ann.): 200%

HyperliquidHYPE

$84.4000

24h: -2.14%
Market cap: $20.19B
Volume 24h: $1.37B
Volatility (ann.): 82%

UMIA 0.1%Share of the two combined market caps99.9% HYPE

Performance

UMIAHYPE

7 days-3.04%+4.65%HYPE
30 days+25.00%-6.04%UMIA

Correlation

0.14over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1490d: 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	UMIA	HYPE
Max drawdown (400d)	-23.8%	-18.9%
Risk-adjusted return (90d)	0.05	0.58

Relative strength over 90 days: UMIA outperformed HYPE by 3.9% — measured on the UMIA/HYPE ratio, so it holds regardless of market direction.

Umia →Hyperliquid →