DERP vs Non-Playable Coin

Non-Playable Coin (NPC) is 5130.7× the size of DERP (DERP) by market capitalisation. Over the past 30 days, NPC is ahead by 16.0 percentage points (DERP -31.7% against NPC -15.8%). Their daily returns move loosely together (correlation 0.35 across 23 shared trading days). NPC has been the more volatile of the two, at 162% annualised against DERP's 73%.

Correlation: 0.35
Size ratio: 1 : 5130.7
Ahead over 30 days: NPC

DERPDERP

$2.424e-5

24h: —
Market cap: $24,233
Volume 24h: $5
Volatility (ann.): 73%

Non-Playable CoinNPC

$0.015445

24h: -13.59%
Market cap: $124.33M
Volume 24h: $2.25M
Volatility (ann.): 162%

DERP 0.0%Share of the two combined market caps100.0% NPC

Performance

DERPNPC

7 days-6.29%+3.65%NPC
30 days-31.72%-15.77%NPC

Correlation

0.35over 23 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	DERP	NPC
Max drawdown (400d)	-37.9%	-34.4%
Risk-adjusted return (90d)	-0.44	1.52

Relative strength over 90 days: NPC outperformed DERP by 7.5% — measured on the DERP/NPC ratio, so it holds regardless of market direction.

DERP →Non-Playable Coin →