Awakeborn Token vs Tether

Tether (USDT) is 1647554.6× the size of Awakeborn Token (AWK) by market capitalisation. Over the past 30 days, USDT is ahead by 9.2 percentage points (AWK -9.3% against USDT -0.0%). Their daily returns move loosely together (correlation 0.39 across 24 shared trading days). AWK has been the more volatile of the two, at 53% annualised against USDT's 1%.

Correlation: 0.39
Size ratio: 1 : 1647554.6
Ahead over 30 days: USDT

Awakeborn TokenAWK

$3.550e-6

24h: +4.53%
Market cap: $107,745
Volume 24h: $181
Volatility (ann.): 53%

TetherUSDT

$0.998963

24h: -0.04%
Market cap: $177.52B
Volume 24h: $61.96B
Volatility (ann.): 1%

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

Performance

AWKUSDT

7 days+3.55%+0.03%AWK
30 days-9.25%-0.04%USDT

Correlation

0.39over 24 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	AWK	USDT
Max drawdown (400d)	-17.7%	-0.2%
Risk-adjusted return (90d)	-0.13	0.03

Relative strength over 90 days: USDT outperformed AWK by 7.0% — measured on the AWK/USDT ratio, so it holds regardless of market direction.

Awakeborn Token →Tether →