DeepNode vs Aerodrome Finance

Aerodrome Finance (AERO) is 1037.9× the size of DeepNode (DN) by market capitalisation. Over the past 90 days, AERO is ahead by 136.9 percentage points (DN -92.3% against AERO +44.6%). Their daily returns move barely together (correlation 0.21 across 75 shared trading days). DN has been the more volatile of the two, at 305% annualised against AERO's 101%.

Correlation: 0.21
Size ratio: 1 : 1037.9
Ahead over 90 days: AERO

DeepNodeDN

$0.009850

24h: -9.71%
Market cap: $221,636
Volume 24h: $54,400
Volatility (ann.): 305%

Aerodrome FinanceAERO

$0.632900

24h: +0.99%
Market cap: $230.03M
Volume 24h: $30.57M
Volatility (ann.): 101%

DN 0.1%Share of the two combined market caps99.9% AERO

Performance

DNAERO

7 days-11.16%-9.63%AERO
30 days-4.93%-25.37%DN
90 days-92.34%+44.60%AERO

Correlation

0.21over 75 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2890d: 0.211y: 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	DN	AERO
Max drawdown (400d)	-98.5%	-36.4%
Risk-adjusted return (90d)	-0.46	0.42

Relative strength over 90 days: AERO outperformed DN by 83.6% — measured on the DN/AERO ratio, so it holds regardless of market direction.

DeepNode →Aerodrome Finance →