OKB (OKB) is 2503.2× the size of Blast (BLAST) by market capitalisation. Over the past 30 days, OKB is ahead by 94.0 percentage points (BLAST -98.7% against OKB -4.7%). Their daily returns move barely together (correlation 0.32 across 36 shared trading days). BLAST has been the more volatile of the two, at 502% annualised against OKB's 53%.
BLASTOKB
0.32over 36 shared trading days
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.
| Metric | BLAST | OKB |
|---|---|---|
| Max drawdown (400d) | -99.3% | -12.2% |
| Risk-adjusted return (90d) | -0.20 | 0.06 |
Relative strength over 90 days: OKB outperformed BLAST by 98.3% — measured on the BLAST/OKB ratio, so it holds regardless of market direction.