ClawBank vs Mantle

Mantle (MNT) is 1807.1× the size of ClawBank ($CLAWBANK) by market capitalisation. Over the past 30 days, MNT is ahead by 3.4 percentage points ($CLAWBANK -20.7% against MNT -17.3%). Their daily returns move loosely together (correlation 0.39 across 28 shared trading days). $CLAWBANK has been the more volatile of the two, at 243% annualised against MNT's 100%.

Correlation: 0.39
Size ratio: 1 : 1807.1
Ahead over 30 days: MNT

ClawBank$CLAWBANK

$8.430e-6

24h: +31.00%
Market cap: $843,090
Volume 24h: $45,098
Volatility (ann.): 243%

MantleMNT

$0.461394

24h: -1.75%
Market cap: $1.52B
Volume 24h: $35.37M
Volatility (ann.): 100%

$CLAWBANK 0.1%Share of the two combined market caps99.9% MNT

Performance

$CLAWBANKMNT

7 days+54.51%-8.39%$CLAWBANK
30 days-20.74%-17.29%MNT

Correlation

0.39over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3990d: 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	$CLAWBANK	MNT
Max drawdown (400d)	-63.3%	-31.8%
Risk-adjusted return (90d)	-0.13	0.06

Relative strength over 90 days: MNT outperformed $CLAWBANK by 19.1% — measured on the $CLAWBANK/MNT ratio, so it holds regardless of market direction.

ClawBank →Mantle →