Constellation vs Kaspa

Kaspa (KAS) is 50.5× the size of Constellation (DAG) by market capitalisation. Over the past 30 days, DAG is ahead by 19.0 percentage points (DAG +8.9% against KAS -10.1%). Their daily returns move loosely in opposite directions (correlation -0.43 across 23 shared trading days). Both have run at a similar volatility, around 111% annualised.

Correlation: -0.43
Size ratio: 1 : 50.5
Ahead over 30 days: DAG

ConstellationDAG

$0.004387

24h: -3.13%
Market cap: $17.31M
Volume 24h: $353,459
Volatility (ann.): 116%

KaspaKAS

$0.031462

24h: +4.33%
Market cap: $874.38M
Volume 24h: $12.01M
Volatility (ann.): 106%

DAG 1.9%Share of the two combined market caps98.1% KAS

Performance

DAGKAS

7 days+30.17%-11.37%DAG
30 days+8.88%-10.15%DAG

Correlation

-0.43over 23 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	DAG	KAS
Max drawdown (400d)	-25.6%	-34.1%
Risk-adjusted return (90d)	0.07	0.17

Relative strength over 90 days: KAS outperformed DAG by 31.6% — measured on the DAG/KAS ratio, so it holds regardless of market direction.

Constellation →Kaspa →