xHYPE vs 3Jane USD3

3Jane USD3 (USD3) is 12.7× the size of xHYPE (XHYPE) by market capitalisation. Over the past 30 days, XHYPE is ahead by 0.5 percentage points (XHYPE +1.3% against USD3 +0.8%). Their daily returns move barely in opposite directions (correlation -0.16 across 39 shared trading days). USD3 has been the more volatile of the two, at 12% annualised against XHYPE's 8%.

Correlation: -0.16
Size ratio: 1 : 12.7
Ahead over 30 days: XHYPE

xHYPEXHYPE

$1.0610

24h: +0.27%
Market cap: $9.11M
Volume 24h: $154
Volatility (ann.): 8%

3Jane USD3USD3

$1.2000

24h: +0.24%
Market cap: $116.02M
Volume 24h: $183,396
Volatility (ann.): 12%

XHYPE 7.3%Share of the two combined market caps92.7% USD3

Performance

XHYPEUSD3

7 days+0.47%+0.00%XHYPE
30 days+1.33%+0.84%XHYPE

Correlation

-0.16over 39 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.1890d: 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	XHYPE	USD3
Max drawdown (400d)	-2.0%	-0.8%
Risk-adjusted return (90d)	0.16	0.22

Relative strength over 90 days: USD3 outperformed XHYPE by 1.1% — measured on the XHYPE/USD3 ratio, so it holds regardless of market direction.

xHYPE →3Jane USD3 →