Zypto Token (ZYPTO) is 599.7× the size of DiemLibre (DLB) by market capitalisation. Their daily returns move loosely in opposite directions (correlation -0.49 across 32 shared trading days). DLB has been the more volatile of the two, at 2074% annualised against ZYPTO's 103%.
DLBZYPTO
-0.49over 32 shared trading days
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.
| Metric | DLB | ZYPTO |
|---|---|---|
| Max drawdown (400d) | -98.1% | -41.8% |
| Risk-adjusted return (90d) | -0.01 | -0.41 |
Relative strength over 90 days: ZYPTO outperformed DLB by 41.9% — measured on the DLB/ZYPTO ratio, so it holds regardless of market direction.