Cluster Protocol vs Venice Token

Venice Token (VVV) is 99.2× the size of Cluster Protocol (CP) by market capitalisation. Over the past 30 days, VVV is ahead by 60.8 percentage points (CP -60.8% against VVV +0.0%). Their daily returns move barely together (correlation 0.20 across 27 shared trading days). Both have run at a similar volatility, around 168% annualised.

Correlation: 0.20
Size ratio: 1 : 99.2
Ahead over 30 days: VVV

Cluster ProtocolCP

$0.007500

24h: +0.67%
Market cap: $10.39M
Volume 24h: $648,196
Volatility (ann.): 168%

Venice TokenVVV

$21.1200

24h: -4.91%
Market cap: $1.03B
Volume 24h: $56.79M
Volatility (ann.): 169%

CP 1.0%Share of the two combined market caps99.0% VVV

Performance

CPVVV

7 days-14.46%-9.39%VVV
30 days-60.76%+0.00%VVV

Correlation

0.20over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2090d: 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	CP	VVV
Max drawdown (400d)	-80.9%	-29.6%
Risk-adjusted return (90d)	-0.48	0.50

Relative strength over 90 days: VVV outperformed CP by 85.7% — measured on the CP/VVV ratio, so it holds regardless of market direction.

Cluster Protocol →Venice Token →