Bent Finance vs Bitway

Bitway (BTW) is 5013.6× the size of Bent Finance (BENT) by market capitalisation. Over the past 30 days, BTW is ahead by 51.6 percentage points (BENT -6.1% against BTW +45.5%). Their daily returns move barely in opposite directions (correlation -0.04 across 24 shared trading days). BTW has been the more volatile of the two, at 362% annualised against BENT's 42%.

Correlation: -0.04
Size ratio: 1 : 5013.6
Ahead over 30 days: BTW

Bent FinanceBENT

$0.025384

24h: +5.30%
Market cap: $310,704
Volume 24h: $385
Volatility (ann.): 42%

BitwayBTW

$1.0350

24h: +5.15%
Market cap: $1.56B
Volume 24h: $5.96M
Volatility (ann.): 362%

BENT 0.0%Share of the two combined market caps100.0% BTW

Performance

BENTBTW

7 days+3.32%-40.12%BENT
30 days-6.15%+45.45%BTW

Correlation

-0.04over 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	BENT	BTW
Max drawdown (400d)	-14.5%	-60.7%
Risk-adjusted return (90d)	-0.15	0.48

Relative strength over 90 days: BENT outperformed BTW by 68.2% — measured on the BENT/BTW ratio, so it holds regardless of market direction.

Bent Finance →Bitway →