DEW vs LEO Token

LEO Token (LEO) is 62080.7× the size of DEW (DEW) by market capitalisation. Over the past 30 days, LEO is ahead by 33.8 percentage points (DEW -30.7% against LEO +3.1%). Their daily returns move barely in opposite directions (correlation -0.01 across 24 shared trading days). DEW has been the more volatile of the two, at 55% annualised against LEO's 21%.

Correlation: -0.01
Size ratio: 1 : 62080.7
Ahead over 30 days: LEO

DEWDEW

$0.000139

24h: +3.73%
Market cap: $138,543
Volume 24h: $43
Volatility (ann.): 55%

LEO TokenLEO

$9.3500

24h: +0.28%
Market cap: $8.60B
Volume 24h: $86,793
Volatility (ann.): 21%

DEW 0.0%Share of the two combined market caps100.0% LEO

Performance

DEWLEO

7 days-5.91%-0.32%LEO
30 days-30.67%+3.09%LEO

Correlation

-0.01over 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	DEW	LEO
Max drawdown (400d)	-36.5%	-8.8%
Risk-adjusted return (90d)	-0.61	0.01

Relative strength over 90 days: LEO outperformed DEW by 25.0% — measured on the DEW/LEO ratio, so it holds regardless of market direction.

DEW →LEO Token →