Cod3x USD vs crvUSD

crvUSD (CRVUSD) is 149.2× the size of Cod3x USD (CDXUSD) by market capitalisation. Over the past 30 days, CRVUSD is ahead by 68.7 percentage points (CDXUSD -68.8% against CRVUSD -0.1%). Their daily returns move loosely together (correlation 0.52 across 24 shared trading days). CDXUSD has been the more volatile of the two, at 192% annualised against CRVUSD's 1%.

Correlation: 0.52
Size ratio: 1 : 149.2
Ahead over 30 days: CRVUSD

Cod3x USDCDXUSD

$0.167380

24h: —
Market cap: $1.03M
Volume 24h: —
Volatility (ann.): 192%

crvUSDCRVUSD

$0.999150

24h: +0.05%
Market cap: $153.63M
Volume 24h: $24.69M
Volatility (ann.): 1%

CDXUSD 0.7%Share of the two combined market caps99.3% CRVUSD

Performance

CDXUSDCRVUSD

7 days-52.39%+0.04%CRVUSD
30 days-68.78%-0.09%CRVUSD

Correlation

0.52over 24 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	CDXUSD	CRVUSD
Max drawdown (400d)	-77.9%	-0.3%
Risk-adjusted return (90d)	-0.41	0.00

Relative strength over 90 days: CRVUSD outperformed CDXUSD by 77.9% — measured on the CDXUSD/CRVUSD ratio, so it holds regardless of market direction.

Cod3x USD →crvUSD →