dTRINITY USD vs Tether

Tether (USDT) is 162943.0× the size of dTRINITY USD (DUSD) by market capitalisation. Over the past 30 days, DUSD is ahead by 0.2 percentage points (DUSD +0.1% against USDT -0.1%). Their daily returns move very closely together (correlation 0.87 across 24 shared trading days). DUSD has been the more volatile of the two, at 3% annualised against USDT's 1%.

Correlation: 0.87
Size ratio: 1 : 162943.0
Ahead over 30 days: DUSD

dTRINITY USDDUSD

$0.995286

24h: -0.18%
Market cap: $1.09M
Volume 24h: $1,211
Volatility (ann.): 3%

TetherUSDT

$0.999272

24h: +0.04%
Market cap: $178.24B
Volume 24h: $58.30B
Volatility (ann.): 1%

DUSD 0.0%Share of the two combined market caps100.0% USDT

Performance

DUSDUSDT

7 days+0.07%+0.03%DUSD
30 days+0.07%-0.08%DUSD

Correlation

0.87over 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	DUSD	USDT
Max drawdown (400d)	-0.5%	-0.2%
Risk-adjusted return (90d)	0.03	-0.03

Relative strength over 90 days: DUSD outperformed USDT by 0.2% — measured on the DUSD/USDT ratio, so it holds regardless of market direction.

dTRINITY USD →Tether →