Dao Space vs BNB

Dao Space (DAOP) and BNB (BNB) compared side by side. Their daily returns move barely together (correlation 0.28 across 30 shared trading days). Both have run at a similar volatility, around 50% annualised.

Correlation: 0.28

Dao SpaceDAOP

$0.010557

24h: +0.38%
Market cap: —
Volume 24h: $1,253
Volatility (ann.): 50%

BNBBNB

$717.3200

24h: +2.32%
Market cap: $94.28B
Volume 24h: $1.13B
Volatility (ann.): 51%

DAOP 0.0%Share of the two combined market caps100.0% BNB

Performance

DAOPBNB

7 days-7.55%-6.28%BNB
30 days-8.26%-12.23%DAOP
90 days—+17.56%—
1 year—-29.73%—

Correlation

0.28over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2890d: 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	DAOP	BNB
Max drawdown (400d)	-13.4%	-58.2%
Risk-adjusted return (90d)	-0.17	0.45
Best 30 days (past year)	—	+29.4%
Worst 30 days (past year)	—	-34.9%

Relative strength over 90 days: DAOP outperformed BNB by 1.4% — measured on the DAOP/BNB ratio, so it holds regardless of market direction.

Dao Space →BNB →