YieldFi yToken vs Hyperliquid

Hyperliquid (HYPE) is 1870.4× the size of YieldFi yToken (YUSD) by market capitalisation. Over the past 30 days, YUSD is ahead by 3600.8 percentage points (YUSD +3594.7% against HYPE -6.0%). Their daily returns move barely in opposite directions (correlation -0.15 across 24 shared trading days). YUSD has been the more volatile of the two, at 12335% annualised against HYPE's 82%.

Correlation: -0.15
Size ratio: 1 : 1870.4
Ahead over 30 days: YUSD

YieldFi yTokenYUSD

$0.998454

24h: +0.00%
Market cap: $10.86M
Volume 24h: —
Volatility (ann.): 12335%

HyperliquidHYPE

$84.4100

24h: +0.57%
Market cap: $20.31B
Volume 24h: $1.36B
Volatility (ann.): 82%

YUSD 0.1%Share of the two combined market caps99.9% HYPE

Performance

YUSDHYPE

7 days+3594.71%+4.65%YUSD
30 days+3594.71%-6.04%YUSD

Correlation

-0.15over 24 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	YUSD	HYPE
Max drawdown (400d)	0.0%	-18.9%
Risk-adjusted return (90d)	0.29	0.58

Relative strength over 90 days: YUSD outperformed HYPE by 3498.8% — measured on the YUSD/HYPE ratio, so it holds regardless of market direction.

YieldFi yToken →Hyperliquid →