CTO vs Tether

Tether (USDT) is 2478887.6× the size of CTO (CTO) by market capitalisation. Over the past 30 days, USDT is ahead by 56.5 percentage points (CTO -56.5% against USDT -0.0%). Their daily returns move loosely together (correlation 0.53 across 24 shared trading days). CTO has been the more volatile of the two, at 390% annualised against USDT's 1%.

Correlation: 0.53
Size ratio: 1 : 2478887.6
Ahead over 30 days: USDT

CTOCTO

$7.323e-5

24h: +6.92%
Market cap: $71,640
Volume 24h: $2,655
Volatility (ann.): 390%

TetherUSDT

$0.999367

24h: +0.02%
Market cap: $177.59B
Volume 24h: $56.60B
Volatility (ann.): 1%

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

Performance

CTOUSDT

7 days-31.13%+0.03%USDT
30 days-56.54%-0.04%USDT

Correlation

0.53over 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	CTO	USDT
Max drawdown (400d)	-73.1%	-0.2%
Risk-adjusted return (90d)	-0.16	0.03

Relative strength over 90 days: USDT outperformed CTO by 54.4% — measured on the CTO/USDT ratio, so it holds regardless of market direction.

CTO →Tether →