XBorg vs Hyperliquid

Hyperliquid (HYPE) is 3543.5× the size of XBorg (XBG) by market capitalisation. Over the past 30 days, HYPE is ahead by 24.5 percentage points (XBG -30.6% against HYPE -6.0%). Their daily returns move loosely together (correlation 0.41 across 32 shared trading days). XBG has been the more volatile of the two, at 104% annualised against HYPE's 82%.

Correlation: 0.41
Size ratio: 1 : 3543.5
Ahead over 30 days: HYPE

XBorgXBG

$0.010923

24h: -0.19%
Market cap: $5.71M
Volume 24h: $10,148
Volatility (ann.): 104%

HyperliquidHYPE

$84.6100

24h: -1.47%
Market cap: $20.23B
Volume 24h: $1.27B
Volatility (ann.): 82%

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

Performance

XBGHYPE

7 days+3.93%+4.65%HYPE
30 days-30.56%-6.04%HYPE

Correlation

0.41over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4190d: 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	XBG	HYPE
Max drawdown (400d)	-38.6%	-18.9%
Risk-adjusted return (90d)	-0.29	0.58

Relative strength over 90 days: HYPE outperformed XBG by 31.8% — measured on the XBG/HYPE ratio, so it holds regardless of market direction.

XBorg →Hyperliquid →