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Hyperliquid (HYPE) Volatility & Bitcoin Correlation: 5.1% Daily Range, Beta 1.25 to Bitcoin

How Hyperliquid (HYPE) moves day to day and against Bitcoin, measured from 30 days of hourly prices and updated every morning.

Price
$72.79
+1.0% 24h · -5.0% 7d
Daily range
5.1%
last day 4.8%
Beta to Bitcoin
1.25
correlation 0.60
Perp volume
$524M
a day · #6 by volume
Daily closes, last 30 days

How Hyperliquid moves

On a typical day Hyperliquid moves 5.1% from its low to its high (the median over 30 days), less than 88% of the 200 most-traded coins, one of the calmest coins on the list.

When Bitcoin moves 1% in an hour, HYPE moves about 1.25% in the same direction on average (beta 1.25). Its correlation with Bitcoin is 0.60: it follows Bitcoin loosely. Bitcoin explains part of its moves; much of the rest is its own news and flows.

Like almost every coin, it absorbs Bitcoin's moves within the same hour; there is no measurable one-hour lag.

On its last full day it moved 4.8% from low to high, 0.9× its usual range and traded 0.7× its usual perpetual volume.

In the last 30 days it had one hour with a move of 5% or more, and its busiest hours were 14:00, 15:00, 10:00 UTC.

It last traded 24.5% below its 30-day high and 3.5% above its 30-day low.

How these numbers are measured

Prices are Binance spot hourly closes for HYPEUSDT over the last 30 full days. Daily range is the median distance from a day's low to its high. Beta is how far HYPE moved, on average, for each 1% Bitcoin moved in the same hour; correlation is how consistently it moved with Bitcoin. Jumps are hours with a move of 5% or more; the busiest hours (14:00, 15:00, 10:00 UTC here) have the largest average move. Volume is the 7-day median on Binance USDT perpetuals.

These describe how Hyperliquid has moved, not where it will go. The same numbers for all 200 coins, sortable, and the daily watchlist with its public record are on the day trading screener.

FAQ

Does Hyperliquid follow Bitcoin?

Partly: over the last 30 days of hourly prices its correlation with Bitcoin was 0.60 and its beta 1.25, so a 1% Bitcoin move came with about 1.25% in HYPE on average.

How volatile is Hyperliquid?

Its median daily range over 30 days was 5.1% from low to high, less than 88% of the most-traded coins. It had 1 hourly move of 5% or more in that time.

What time of day does HYPE move the most?

Over the last 30 days its largest average hourly moves came at 14:00, 15:00, 10:00 UTC.

Is HYPE liquid enough for day trading?

HYPE trades about $524M a day on Binance USDT perpetuals (median of 7 days), #6 among the coins we screen. Above $10 million a day is the minimum we use for the daily watchlist.

Coins that move like HYPE

ATOM5.1% a daybeta 1.22 · corr 0.63POL5.0% a daybeta 1.22 · corr 0.66DEXE5.4% a daybeta 1.25 · corr 0.64LUNC5.5% a daybeta 1.23 · corr 0.72COMP5.1% a daybeta 1.13 · corr 0.42SKY5.2% a daybeta 1.14 · corr 0.63