AllDomains Name Service vs Sonic Name Service

AllDomains Name Service (ADNS) is 2.4× the size of Sonic Name Service (SNS) by market capitalisation. Over the past 30 days, SNS is ahead by 9.7 percentage points (ADNS -24.1% against SNS -14.4%). Their daily returns move barely together (correlation 0.25 across 30 shared trading days). SNS has been the more volatile of the two, at 187% annualised against ADNS's 49%.

Correlation: 0.25
Size ratio: 2.4×
Ahead over 30 days: SNS

AllDomains Name ServiceADNS

$2.046e-5

24h: +4.32%
Market cap: $102,304
Volume 24h: $2
Volatility (ann.): 49%

Sonic Name ServiceSNS

$0.000842

24h: +5.72%
Market cap: $43,324
Volume 24h: $69
Volatility (ann.): 187%

ADNS 70.3%Share of the two combined market caps29.7% SNS

Performance

ADNSSNS

7 days-5.37%-13.22%ADNS
30 days-24.10%-14.38%SNS

Correlation

0.25over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2590d: 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	ADNS	SNS
Max drawdown (400d)	-26.7%	-42.7%
Risk-adjusted return (90d)	-0.44	-0.08

Relative strength over 90 days: SNS outperformed ADNS by 8.6% — measured on the ADNS/SNS ratio, so it holds regardless of market direction.

AllDomains Name Service →Sonic Name Service →