xHYPE vs apyUSD

apyUSD (APYUSD) is 16.8× the size of xHYPE (XHYPE) by market capitalisation. Over the past 30 days, APYUSD is ahead by 2.3 percentage points (XHYPE +1.3% against APYUSD +3.6%). Their daily returns move barely together (correlation 0.34 across 33 shared trading days). APYUSD has been the more volatile of the two, at 14% annualised against XHYPE's 8%.

Correlation: 0.34
Size ratio: 1 : 16.8
Ahead over 30 days: APYUSD

xHYPEXHYPE

$1.0610

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

apyUSDAPYUSD

$1.4200

24h: -0.11%
Market cap: $152.91M
Volume 24h: $1.60M
Volatility (ann.): 14%

XHYPE 5.6%Share of the two combined market caps94.4% APYUSD

Performance

XHYPEAPYUSD

7 days+0.47%+0.71%APYUSD
30 days+1.33%+3.65%APYUSD

Correlation

0.34over 33 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3690d: 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	APYUSD
Max drawdown (400d)	-2.0%	-2.8%
Risk-adjusted return (90d)	0.16	0.62

Relative strength over 90 days: APYUSD outperformed XHYPE by 3.0% — measured on the XHYPE/APYUSD ratio, so it holds regardless of market direction.

xHYPE →apyUSD →