Dark Eclipse vs Tether

Tether (USDT) is 2561716.6× the size of Dark Eclipse (DARK) by market capitalisation. Over the past 30 days, USDT is ahead by 21.6 percentage points (DARK -21.6% against USDT -0.0%). Their daily returns move barely together (correlation 0.14 across 24 shared trading days). DARK has been the more volatile of the two, at 58% annualised against USDT's 1%.

Correlation: 0.14
Size ratio: 1 : 2561716.6
Ahead over 30 days: USDT

Dark EclipseDARK

$6.931e-5

24h: —
Market cap: $69,305
Volume 24h: —
Volatility (ann.): 58%

TetherUSDT

$0.999098

24h: -0.02%
Market cap: $177.54B
Volume 24h: $62.17B
Volatility (ann.): 1%

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

Performance

DARKUSDT

7 days-5.14%+0.03%USDT
30 days-21.59%-0.04%USDT

Correlation

0.14over 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	DARK	USDT
Max drawdown (400d)	-25.9%	-0.2%
Risk-adjusted return (90d)	-0.32	0.03

Relative strength over 90 days: USDT outperformed DARK by 12.2% — measured on the DARK/USDT ratio, so it holds regardless of market direction.

Dark Eclipse →Tether →