Bubble Protocol vs Rain

Rain (RAIN) is 13323.1× the size of Bubble Protocol (BPL) by market capitalisation. Over the past 30 days, BPL is ahead by 58.4 percentage points (BPL +0.1% against RAIN -58.2%). Their daily returns move barely in opposite directions (correlation -0.33 across 20 shared trading days). Both have run at a similar volatility, around 132% annualised.

Correlation: -0.33
Size ratio: 1 : 13323.1
Ahead over 30 days: BPL

Bubble ProtocolBPL

$0.016265

24h: +1.68%
Market cap: $325,295
Volume 24h: $669
Volatility (ann.): 130%

RainRAIN

$0.006066

24h: -4.32%
Market cap: $4.33B
Volume 24h: $13.43M
Volatility (ann.): 134%

BPL 0.0%Share of the two combined market caps100.0% RAIN

Performance

BPLRAIN

7 days-0.76%-8.29%BPL
30 days+0.13%-58.25%BPL

Correlation

-0.33over 20 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	BPL	RAIN
Max drawdown (400d)	-23.4%	-68.5%
Risk-adjusted return (90d)	0.00	-0.37

Relative strength over 90 days: BPL outperformed RAIN by 37.7% — measured on the BPL/RAIN ratio, so it holds regardless of market direction.

Bubble Protocol →Rain →