Dexsport vs Hey Anon

Dexsport (DESU) is 2.3× the size of Hey Anon (ANON) by market capitalisation. Over the past 30 days, DESU is ahead by 6.3 percentage points (DESU +23.2% against ANON +16.9%). Their daily returns move barely in opposite directions (correlation -0.19 across 41 shared trading days). ANON has been the more volatile of the two, at 386% annualised against DESU's 125%.

Correlation: -0.19
Size ratio: 2.3×
Ahead over 30 days: DESU

DexsportDESU

$0.018437

24h: -0.13%
Market cap: $10.14M
Volume 24h: $10,110
Volatility (ann.): 125%

Hey AnonANON

$0.283836

24h: +0.93%
Market cap: $4.37M
Volume 24h: $133,582
Volatility (ann.): 386%

DESU 69.9%Share of the two combined market caps30.1% ANON

Performance

DESUANON

7 days-1.29%+0.75%ANON
30 days+23.21%+16.89%DESU

Correlation

-0.19over 41 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.2090d: 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	DESU	ANON
Max drawdown (400d)	-9.0%	-52.5%
Risk-adjusted return (90d)	0.16	0.01

Relative strength over 90 days: DESU outperformed ANON by 15.1% — measured on the DESU/ANON ratio, so it holds regardless of market direction.

Dexsport →Hey Anon →