Yellow vs Hyperliquid

Hyperliquid (HYPE) is 156.3× the size of Yellow (YELLOW) by market capitalisation. Over the past 30 days, YELLOW is ahead by 383.4 percentage points (YELLOW +377.3% against HYPE -6.0%). Their daily returns move loosely in opposite directions (correlation -0.46 across 33 shared trading days). YELLOW has been the more volatile of the two, at 1082% annualised against HYPE's 82%.

Correlation: -0.46
Size ratio: 1 : 156.3
Ahead over 30 days: YELLOW

YellowYELLOW

$0.144694

24h: -0.09%
Market cap: $131.84M
Volume 24h: $4.42M
Volatility (ann.): 1082%

HyperliquidHYPE

$85.5600

24h: -1.16%
Market cap: $20.61B
Volume 24h: $1.37B
Volatility (ann.): 82%

YELLOW 0.6%Share of the two combined market caps99.4% HYPE

Performance

YELLOWHYPE

7 days+9.85%+4.65%YELLOW
30 days+377.32%-6.04%YELLOW

Correlation

-0.46over 33 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.4690d: 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	YELLOW	HYPE
Max drawdown (400d)	-34.1%	-18.9%
Risk-adjusted return (90d)	0.35	0.58

Relative strength over 90 days: YELLOW outperformed HYPE by 370.5% — measured on the YELLOW/HYPE ratio, so it holds regardless of market direction.

Yellow →Hyperliquid →