Chainlink vs WhiteBIT Coin
Chainlink (LINK) is 1.1× the size of WhiteBIT Coin (WBT) by market capitalisation. Their daily returns move closely together (correlation 0.62 across 31 shared trading days). Both have run at a similar volatility, around 71% annualised.
Performance
| Period | LINK | WBT | Ahead |
|---|---|---|---|
| 7 days | +13.94% | -2.10% | LINK |
| 30 days | +19.84% | +45.54% | WBT |
| 90 days | +90.90% | — | — |
| 1 year | -30.83% | — | — |
Risk & extremes
| Metric | LINK | WBT |
|---|---|---|
| Max drawdown (400d) | -72.6% | -4.0% |
| Risk-adjusted return (90d) | 1.39 | 0.64 |
| Best 30 days (past year) | +61.6% | — |
| Worst 30 days (past year) | -43.6% | — |
Relative strength over 90 days: WBT outperformed LINK by 20.3% — measured on the LINK/WBT ratio, so it holds regardless of market direction.
Correlation
0.62over 31 shared trading days
7d: insufficient data30d: 0.6290d: 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.