Clash of Lilliput vs Tether

Tether (USDT) is 49424.1× the size of Clash of Lilliput (COL) by market capitalisation. Over the past 30 days, COL is ahead by 172.7 percentage points (COL +172.6% against USDT -0.1%). Their daily returns move barely together (correlation 0.32 across 22 shared trading days). COL has been the more volatile of the two, at 162% annualised against USDT's 1%.

Correlation: 0.32
Size ratio: 1 : 49424.1
Ahead over 30 days: COL

Clash of LilliputCOL

$0.043928

24h: -0.56%
Market cap: $3.61M
Volume 24h: $3,506
Volatility (ann.): 162%

TetherUSDT

$0.998961

24h: +0.03%
Market cap: $178.19B
Volume 24h: $49.81B
Volatility (ann.): 1%

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

Performance

COLUSDT

7 days+117.46%+0.03%COL
30 days+172.59%-0.08%COL

Correlation

0.32over 22 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	COL	USDT
Max drawdown (400d)	-12.5%	-0.2%
Risk-adjusted return (90d)	1.07	-0.03

Relative strength over 90 days: COL outperformed USDT by 172.7% — measured on the COL/USDT ratio, so it holds regardless of market direction.

Clash of Lilliput →Tether →