Bone ShibaSwap vs OKB

OKB (OKB) is 176.9× the size of Bone ShibaSwap (BONE) by market capitalisation. Over the past 30 days, BONE is ahead by 12.0 percentage points (BONE +7.4% against OKB -4.7%). Their daily returns move loosely together (correlation 0.52 across 32 shared trading days). Both have run at a similar volatility, around 55% annualised.

Correlation: 0.52
Size ratio: 1 : 176.9
Ahead over 30 days: BONE

Bone ShibaSwapBONE

$0.051285

24h: +0.43%
Market cap: $12.81M
Volume 24h: $2.28M
Volatility (ann.): 58%

OKBOKB

$107.9200

24h: -1.16%
Market cap: $2.27B
Volume 24h: $20.64M
Volatility (ann.): 53%

BONE 0.6%Share of the two combined market caps99.4% OKB

Performance

BONEOKB

7 days-4.43%-0.94%OKB
30 days+7.35%-4.69%BONE

Correlation

0.52over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5290d: 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	BONE	OKB
Max drawdown (400d)	-13.2%	-12.2%
Risk-adjusted return (90d)	0.10	0.06

Relative strength over 90 days: BONE outperformed OKB by 10.8% — measured on the BONE/OKB ratio, so it holds regardless of market direction.

Bone ShibaSwap →OKB →