Aquari vs Tether

Tether (USDT) is 339006.5× the size of Aquari (AQUARI) by market capitalisation. Over the past 30 days, USDT is ahead by 32.5 percentage points (AQUARI -32.5% against USDT -0.1%). Their daily returns move loosely together (correlation 0.39 across 28 shared trading days). AQUARI has been the more volatile of the two, at 214% annualised against USDT's 1%.

Correlation: 0.39
Size ratio: 1 : 339006.5
Ahead over 30 days: USDT

AquariAQUARI

$0.004455

24h: -3.37%
Market cap: $525,721
Volume 24h: $1,321
Volatility (ann.): 214%

TetherUSDT

$0.999148

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

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

Performance

AQUARIUSDT

7 days+18.90%+0.03%AQUARI
30 days-32.55%-0.08%USDT

Correlation

0.39over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3990d: 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	AQUARI	USDT
Max drawdown (400d)	-55.5%	-0.2%
Risk-adjusted return (90d)	-0.13	-0.03

Relative strength over 90 days: USDT outperformed AQUARI by 27.8% — measured on the AQUARI/USDT ratio, so it holds regardless of market direction.

Aquari →Tether →