DeFi Land vs ECOMI

ECOMI (OMI) is 775.1× the size of DeFi Land (DFL) by market capitalisation. Over the past 30 days, OMI is ahead by 52.8 percentage points (DFL -40.4% against OMI +12.4%). Their daily returns move barely in opposite directions (correlation -0.33 across 20 shared trading days). DFL has been the more volatile of the two, at 127% annualised against OMI's 91%.

Correlation: -0.33
Size ratio: 1 : 775.1
Ahead over 30 days: OMI

DeFi LandDFL

$8.290e-6

24h: +0.74%
Market cap: $79,534
Volume 24h: $7
Volatility (ann.): 127%

ECOMIOMI

$0.000228

24h: -6.24%
Market cap: $61.65M
Volume 24h: $717,419
Volatility (ann.): 91%

DFL 0.1%Share of the two combined market caps99.9% OMI

Performance

DFLOMI

7 days-0.48%-9.73%DFL
30 days-40.37%+12.40%OMI

Correlation

-0.33over 20 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	DFL	OMI
Max drawdown (400d)	-41.1%	-28.3%
Risk-adjusted return (90d)	-0.31	0.22

Relative strength over 90 days: OMI outperformed DFL by 34.2% — measured on the DFL/OMI ratio, so it holds regardless of market direction.

DeFi Land →ECOMI →