AgenC vs Tether

Tether (USDT) is 98880.4× the size of AgenC (AGENC) by market capitalisation. Over the past 30 days, AGENC is ahead by 165.8 percentage points (AGENC +165.7% against USDT -0.1%). Their daily returns move barely in opposite directions (correlation -0.27 across 23 shared trading days). AGENC has been the more volatile of the two, at 388% annualised against USDT's 1%.

Correlation: -0.27
Size ratio: 1 : 98880.4
Ahead over 30 days: AGENC

AgenCAGENC

$0.001802

24h: +6.32%
Market cap: $1.80M
Volume 24h: $116,961
Volatility (ann.): 388%

TetherUSDT

$0.999003

24h: +0.03%
Market cap: $178.19B
Volume 24h: $48.44B
Volatility (ann.): 1%

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

Performance

AGENCUSDT

7 days+61.99%+0.03%AGENC
30 days+165.75%-0.08%AGENC

Correlation

-0.27over 23 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	AGENC	USDT
Max drawdown (400d)	-24.9%	-0.2%
Risk-adjusted return (90d)	0.45	-0.03

Relative strength over 90 days: AGENC outperformed USDT by 165.6% — measured on the AGENC/USDT ratio, so it holds regardless of market direction.

AgenC →Tether →