AIUSD vs Tether

Tether (USDT) is 26854.7× the size of AIUSD (AIUSD) by market capitalisation. Over the past 30 days, AIUSD is ahead by 0.1 percentage points (AIUSD +0.0% against USDT -0.1%). Their daily returns move loosely in opposite directions (correlation -0.36 across 32 shared trading days). AIUSD has been the more volatile of the two, at 1% annualised against USDT's 1%.

Correlation: -0.36
Size ratio: 1 : 26854.7
Ahead over 30 days: AIUSD

AIUSDAIUSD

$0.998942

24h: +0.02%
Market cap: $6.64M
Volume 24h: $91
Volatility (ann.): 1%

TetherUSDT

$0.999003

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

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

Performance

AIUSDUSDT

7 days+0.03%+0.03%AIUSD
30 days+0.03%-0.08%AIUSD

Correlation

-0.36over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.3790d: 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	AIUSD	USDT
Max drawdown (400d)	-0.1%	-0.2%
Risk-adjusted return (90d)	0.05	-0.03

Relative strength over 90 days: AIUSD outperformed USDT by 0.1% — measured on the AIUSD/USDT ratio, so it holds regardless of market direction.

AIUSD →Tether →