Anome vs Aerodrome Finance

Aerodrome Finance (AERO) is 462.0× the size of Anome (ANOME) by market capitalisation. Over the past 90 days, AERO is ahead by 16.3 percentage points (ANOME +31.0% against AERO +47.3%). Their daily returns move barely together (correlation 0.06 across 84 shared trading days). ANOME has been the more volatile of the two, at 1008% annualised against AERO's 101%.

Correlation: 0.06
Size ratio: 1 : 462.0
Ahead over 90 days: AERO

AnomeANOME

$0.016659

24h: +0.31%
Market cap: $499,756
Volume 24h: $285,010
Volatility (ann.): 1008%

Aerodrome FinanceAERO

$0.632300

24h: +0.74%
Market cap: $230.91M
Volume 24h: $30.88M
Volatility (ann.): 101%

ANOME 0.2%Share of the two combined market caps99.8% AERO

Performance

ANOMEAERO

7 days-13.25%-10.61%AERO
30 days-44.53%-28.90%AERO
90 days+31.02%+47.30%AERO

Correlation

0.06over 84 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0090d: 0.061y: 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	ANOME	AERO
Max drawdown (400d)	-81.9%	-36.4%
Risk-adjusted return (90d)	0.03	0.44

Relative strength over 90 days: AERO outperformed ANOME by 26.2% — measured on the ANOME/AERO ratio, so it holds regardless of market direction.

Anome →Aerodrome Finance →