Blender Exchange vs XRP
Blender Exchange (BLEND) and XRP (XRP) compared side by side. Their daily returns move barely together (correlation 0.30 across 100 shared trading days). Both have run at a similar volatility, around 69% annualised.
Performance
| Period | BLEND | XRP | Ahead |
|---|---|---|---|
| 7 days | -3.42% | -2.36% | XRP |
| 30 days | -0.53% | +7.42% | XRP |
| 90 days | +5.20% | +44.22% | XRP |
| 1 year | — | -47.69% | — |
Risk & extremes
| Metric | BLEND | XRP |
|---|---|---|
| Max drawdown (400d) | -19.8% | -68.2% |
| Risk-adjusted return (90d) | 0.08 | 0.64 |
| Best 30 days (past year) | — | +41.9% |
| Worst 30 days (past year) | — | -47.3% |
Relative strength over 90 days: XRP outperformed BLEND by 27.1% — measured on the BLEND/XRP ratio, so it holds regardless of market direction.
Correlation
0.30over 100 shared trading days
7d: insufficient data30d: 0.5390d: 0.361y: 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.