Afreum vs Tether

Tether (USDT) is 42054.1× the size of Afreum (AFR) by market capitalisation. Over the past 30 days, AFR is ahead by 1.6 percentage points (AFR +1.5% against USDT -0.1%). Their daily returns move loosely together (correlation 0.54 across 21 shared trading days). AFR has been the more volatile of the two, at 90% annualised against USDT's 1%.

Correlation: 0.54
Size ratio: 1 : 42054.1
Ahead over 30 days: AFR

AfreumAFR

$0.000530

24h: +0.79%
Market cap: $4.24M
Volume 24h: $990
Volatility (ann.): 90%

TetherUSDT

$0.999148

24h: +0.04%
Market cap: $178.22B
Volume 24h: $56.79B
Volatility (ann.): 1%

AFR 0.0%Share of the two combined market caps100.0% USDT

Performance

AFRUSDT

7 days+10.79%+0.03%AFR
30 days+1.48%-0.08%AFR

Correlation

0.54over 21 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	AFR	USDT
Max drawdown (400d)	-15.4%	-0.2%
Risk-adjusted return (90d)	0.02	-0.03

Relative strength over 90 days: USDT outperformed AFR by 0.9% — measured on the AFR/USDT ratio, so it holds regardless of market direction.

Afreum →Tether →