XOXNO vs Hyperliquid

Hyperliquid (HYPE) is 38226.6× the size of XOXNO (XOXNO) by market capitalisation. Over the past 30 days, HYPE is ahead by 15.7 percentage points (XOXNO -21.8% against HYPE -6.0%). Their daily returns move barely together (correlation 0.32 across 27 shared trading days). XOXNO has been the more volatile of the two, at 112% annualised against HYPE's 82%.

Correlation: 0.32
Size ratio: 1 : 38226.6
Ahead over 30 days: HYPE

XOXNOXOXNO

$0.007129

24h: +3.67%
Market cap: $529,964
Volume 24h: $121
Volatility (ann.): 112%

HyperliquidHYPE

$84.6400

24h: -1.82%
Market cap: $20.26B
Volume 24h: $1.41B
Volatility (ann.): 82%

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

Performance

XOXNOHYPE

7 days+17.45%+4.65%XOXNO
30 days-21.76%-6.04%HYPE

Correlation

0.32over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3290d: 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	XOXNO	HYPE
Max drawdown (400d)	-35.4%	-18.9%
Risk-adjusted return (90d)	-0.19	0.58

Relative strength over 90 days: HYPE outperformed XOXNO by 19.4% — measured on the XOXNO/HYPE ratio, so it holds regardless of market direction.

XOXNO →Hyperliquid →