Velora vs Hyperliquid

Hyperliquid (HYPE) is 31751.1× the size of Velora (VLR) by market capitalisation. Over the past 30 days, HYPE is ahead by 16.0 percentage points (VLR -22.1% against HYPE -6.0%). Their daily returns move barely together (correlation 0.34 across 31 shared trading days). Both have run at a similar volatility, around 77% annualised.

Correlation: 0.34
Size ratio: 1 : 31751.1
Ahead over 30 days: HYPE

VeloraVLR

$0.000380

24h: -0.56%
Market cap: $635,507
Volume 24h: $110
Volatility (ann.): 73%

HyperliquidHYPE

$84.5400

24h: -1.17%
Market cap: $20.18B
Volume 24h: $1.42B
Volatility (ann.): 82%

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

Performance

VLRHYPE

7 days+2.55%+4.65%HYPE
30 days-22.07%-6.04%HYPE

Correlation

0.34over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3490d: 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	VLR	HYPE
Max drawdown (400d)	-34.6%	-18.9%
Risk-adjusted return (90d)	-0.42	0.58

Relative strength over 90 days: HYPE outperformed VLR by 31.6% — measured on the VLR/HYPE ratio, so it holds regardless of market direction.

Velora →Hyperliquid →