up vs Hyperliquid

Hyperliquid (HYPE) is 4801.8× the size of up (UP) by market capitalisation. Over the past 30 days, HYPE is ahead by 94.0 percentage points (UP -100.0% against HYPE -6.0%). Their daily returns move barely together (correlation 0.12 across 24 shared trading days). UP has been the more volatile of the two, at 598% annualised against HYPE's 82%.

Correlation: 0.12
Size ratio: 1 : 4801.8
Ahead over 30 days: HYPE

upUP

$0.165630

24h: +9.06%
Market cap: $4.20M
Volume 24h: $1.33M
Volatility (ann.): 598%

HyperliquidHYPE

$84.3200

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

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

Performance

UPHYPE

7 days-100.00%+4.65%HYPE
30 days-100.00%-6.04%HYPE

Correlation

0.12over 24 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	UP	HYPE
Max drawdown (400d)	-100.0%	-18.9%
Risk-adjusted return (90d)	-0.17	0.58

Relative strength over 90 days: HYPE outperformed UP by 100.0% — measured on the UP/HYPE ratio, so it holds regardless of market direction.

up →Hyperliquid →