9inch vs Uniswap

9inch (9INCH) and Uniswap (UNI) compared side by side. Their daily returns move barely together (correlation 0.04 across 34 shared trading days). Both have run at a similar volatility, around 100% annualised.

Correlation: 0.04

9inch9INCH

$1.496e-7

24h: +3.28%
Market cap: —
Volume 24h: $632
Volatility (ann.): 100%

UniswapUNI

$7.6740

24h: +4.99%
Market cap: $4.63B
Volume 24h: $655.22M
Volatility (ann.): 101%

9INCH 0.0%Share of the two combined market caps100.0% UNI

Performance

9INCHUNI

7 days-0.53%+1.91%UNI
30 days-41.16%-20.51%UNI
90 days—+78.40%—
1 year—+38.90%—

Correlation

0.04over 34 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0590d: 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	9INCH	UNI
Max drawdown (400d)	-43.6%	-74.4%
Risk-adjusted return (90d)	-0.43	0.73
Best 30 days (past year)	—	+143.9%
Worst 30 days (past year)	—	-47.8%

Relative strength over 90 days: UNI outperformed 9INCH by 29.4% — measured on the 9INCH/UNI ratio, so it holds regardless of market direction.

9inch →Uniswap →