BitMart vs WhiteBIT Coin

WhiteBIT Coin (WBT) is 461.1× the size of BitMart (BMX) by market capitalisation. Over the past 30 days, WBT is ahead by 79.9 percentage points (BMX -86.7% against WBT -6.8%). Their daily returns move closely together (correlation 0.79 across 22 shared trading days). BMX has been the more volatile of the two, at 310% annualised against WBT's 59%.

Correlation: 0.79
Size ratio: 1 : 461.1
Ahead over 30 days: WBT

BitMartBMX

$0.058833

24h: —
Market cap: $19.97M
Volume 24h: —
Volatility (ann.): 310%

WhiteBIT CoinWBT

$77.5700

24h: +3.88%
Market cap: $9.21B
Volume 24h: $193.50M
Volatility (ann.): 59%

BMX 0.2%Share of the two combined market caps99.8% WBT

Performance

BMXWBT

7 days-88.15%-3.75%WBT
30 days-86.71%-6.78%WBT

Correlation

0.79over 22 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	BMX	WBT
Max drawdown (400d)	-88.3%	-12.4%
Risk-adjusted return (90d)	-0.28	0.62

Relative strength over 90 days: WBT outperformed BMX by 87.0% — measured on the BMX/WBT ratio, so it holds regardless of market direction.

BitMart →WhiteBIT Coin →