DePlan vs Tether

Tether (USDT) is 3187208.6× the size of DePlan (DPLN) by market capitalisation. Over the past 30 days, USDT is ahead by 24.3 percentage points (DPLN -24.4% against USDT -0.0%). Their daily returns move barely together (correlation 0.10 across 24 shared trading days). DPLN has been the more volatile of the two, at 46% annualised against USDT's 1%.

Correlation: 0.10
Size ratio: 1 : 3187208.6
Ahead over 30 days: USDT

DePlanDPLN

$0.000557

24h: +3.15%
Market cap: $55,700
Volume 24h: $69
Volatility (ann.): 46%

TetherUSDT

$0.999024

24h: -0.04%
Market cap: $177.53B
Volume 24h: $62.24B
Volatility (ann.): 1%

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

Performance

DPLNUSDT

7 days-11.40%+0.03%USDT
30 days-24.37%-0.04%USDT

Correlation

0.10over 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	DPLN	USDT
Max drawdown (400d)	-28.0%	-0.2%
Risk-adjusted return (90d)	-0.52	0.03

Relative strength over 90 days: USDT outperformed DPLN by 17.7% — measured on the DPLN/USDT ratio, so it holds regardless of market direction.

DePlan →Tether →