DeFi Pulse Index vs Rain

Rain (RAIN) is 774.5× the size of DeFi Pulse Index (DPI) by market capitalisation. Over the past 30 days, DPI is ahead by 56.6 percentage points (DPI -1.7% against RAIN -58.2%). Their daily returns move barely together (correlation 0.10 across 30 shared trading days). RAIN has been the more volatile of the two, at 134% annualised against DPI's 110%.

Correlation: 0.10
Size ratio: 1 : 774.5
Ahead over 30 days: DPI

DeFi Pulse IndexDPI

$57.9800

24h: +13.22%
Market cap: $5.37M
Volume 24h: $42,641
Volatility (ann.): 110%

RainRAIN

$0.005826

24h: -7.34%
Market cap: $4.16B
Volume 24h: $13.21M
Volatility (ann.): 134%

DPI 0.1%Share of the two combined market caps99.9% RAIN

Performance

DPIRAIN

7 days-3.44%-8.29%DPI
30 days-1.67%-58.25%DPI

Correlation

0.10over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1090d: 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	DPI	RAIN
Max drawdown (400d)	-26.7%	-68.5%
Risk-adjusted return (90d)	0.05	-0.37

Relative strength over 90 days: DPI outperformed RAIN by 178.8% — measured on the DPI/RAIN ratio, so it holds regardless of market direction.

DeFi Pulse Index →Rain →