3Jane USD3 vs Steakhouse Confidential Prime USDC

3Jane USD3 (USD3) is 4.3× the size of Steakhouse Confidential Prime USDC (STEAKCUSDC) by market capitalisation. Over the past 30 days, STEAKCUSDC is ahead by 0.0 percentage points (USD3 +0.8% against STEAKCUSDC +0.9%). Their daily returns move barely together (correlation 0.33 across 43 shared trading days). USD3 has been the more volatile of the two, at 12% annualised against STEAKCUSDC's 2%.

Correlation: 0.33
Size ratio: 4.3×
Ahead over 30 days: STEAKCUSDC

3Jane USD3USD3

$1.2000

24h: +0.08%
Market cap: $115.90M
Volume 24h: $177,361
Volatility (ann.): 12%

Steakhouse Confidential Prime USDCSTEAKCUSDC

$1.0290

24h: +0.03%
Market cap: $27.13M
Volume 24h: —
Volatility (ann.): 2%

USD3 81.0%Share of the two combined market caps19.0% STEAKCUSDC

Performance

USD3STEAKCUSDC

7 days+0.00%+0.10%STEAKCUSDC
30 days+0.84%+0.88%STEAKCUSDC

Correlation

0.33over 43 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4390d: 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	USD3	STEAKCUSDC
Max drawdown (400d)	-0.8%	-0.2%
Risk-adjusted return (90d)	0.22	0.62

Relative strength over 90 days: USD3 outperformed STEAKCUSDC by 1.4% — measured on the USD3/STEAKCUSDC ratio, so it holds regardless of market direction.

3Jane USD3 →Steakhouse Confidential Prime USDC →