BunkerCoin vs Tether

Tether (USDT) is 299518.5× the size of BunkerCoin (BUNKER) by market capitalisation. Over the past 30 days, USDT is ahead by 19.1 percentage points (BUNKER -19.2% against USDT -0.1%). Their daily returns move barely together (correlation 0.32 across 28 shared trading days). BUNKER has been the more volatile of the two, at 112% annualised against USDT's 1%.

Correlation: 0.32
Size ratio: 1 : 299518.5
Ahead over 30 days: USDT

BunkerCoinBUNKER

$0.000595

24h: -0.93%
Market cap: $594,945
Volume 24h: $22
Volatility (ann.): 112%

TetherUSDT

$0.999009

24h: +0.04%
Market cap: $178.20B
Volume 24h: $49.39B
Volatility (ann.): 1%

BUNKER 0.0%Share of the two combined market caps100.0% USDT

Performance

BUNKERUSDT

7 days-9.84%+0.03%USDT
30 days-19.17%-0.08%USDT

Correlation

0.32over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3290d: 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	BUNKER	USDT
Max drawdown (400d)	-35.7%	-0.2%
Risk-adjusted return (90d)	-0.16	-0.03

Relative strength over 90 days: USDT outperformed BUNKER by 18.1% — measured on the BUNKER/USDT ratio, so it holds regardless of market direction.

BunkerCoin →Tether →