BNB Attestation Service vs League of Traders

BNB Attestation Service (BAS) is 13.5× the size of League of Traders (LOT) by market capitalisation. Their daily returns move loosely together (correlation 0.57 across 45 shared trading days). BAS has been the more volatile of the two, at 93% annualised against LOT's 80%.

Correlation: 0.57
Size ratio: 13.5×

BNB Attestation ServiceBAS

$0.015118

24h: +2.96%
Market cap: $37.85M
Volume 24h: $1.04M
Volatility (ann.): 93%

League of TradersLOT

$0.005036

24h: -0.59%
Market cap: $2.80M
Volume 24h: $122,280
Volatility (ann.): 80%

BAS 93.1%Share of the two combined market caps6.9% LOT

Performance

BASLOT

7 days-9.52%-8.90%LOT
30 days-38.50%-22.16%LOT
90 days—-20.42%—

Correlation

0.57over 45 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.6890d: 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	BAS	LOT
Max drawdown (400d)	-47.0%	-31.1%
Risk-adjusted return (90d)	-0.45	-0.24

Relative strength over 90 days: LOT outperformed BAS by 33.0% — measured on the BAS/LOT ratio, so it holds regardless of market direction.

BNB Attestation Service →League of Traders →