DexTools vs SoSoValue

SoSoValue (SOSO) is 25.0× the size of DexTools (DEXT) by market capitalisation. Over the past 30 days, SOSO is ahead by 33.2 percentage points (DEXT -28.6% against SOSO +4.6%). Their daily returns move barely together (correlation 0.20 across 34 shared trading days). DEXT has been the more volatile of the two, at 143% annualised against SOSO's 70%.

Correlation: 0.20
Size ratio: 1 : 25.0
Ahead over 30 days: SOSO

DexToolsDEXT

$0.062074

24h: -6.18%
Market cap: $4.42M
Volume 24h: $92,217
Volatility (ann.): 143%

SoSoValueSOSO

$0.323127

24h: +3.16%
Market cap: $110.52M
Volume 24h: $4.33M
Volatility (ann.): 70%

DEXT 3.8%Share of the two combined market caps96.2% SOSO

Performance

DEXTSOSO

7 days-8.01%+4.05%SOSO
30 days-28.57%+4.61%SOSO

Correlation

0.20over 34 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1990d: 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	DEXT	SOSO
Max drawdown (400d)	-38.9%	-11.6%
Risk-adjusted return (90d)	-0.27	-0.01

Relative strength over 90 days: SOSO outperformed DEXT by 37.9% — measured on the DEXT/SOSO ratio, so it holds regardless of market direction.

DexTools →SoSoValue →