DungeonSwap vs Bitway

Bitway (BTW) is 149251.0× the size of DungeonSwap (DND) by market capitalisation. Over the past 30 days, BTW is ahead by 50.4 percentage points (DND -5.0% against BTW +45.5%). Their daily returns move barely in opposite directions (correlation -0.11 across 24 shared trading days). BTW has been the more volatile of the two, at 362% annualised against DND's 30%.

Correlation: -0.11
Size ratio: 1 : 149251.0
Ahead over 30 days: BTW

DungeonSwapDND

$0.001891

24h: +0.84%
Market cap: $9,865
Volume 24h: $13
Volatility (ann.): 30%

BitwayBTW

$0.977783

24h: -15.64%
Market cap: $1.47B
Volume 24h: $3.80M
Volatility (ann.): 362%

DND 0.0%Share of the two combined market caps100.0% BTW

Performance

DNDBTW

7 days-3.33%-40.12%DND
30 days-4.96%+45.45%BTW

Correlation

-0.11over 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	DND	BTW
Max drawdown (400d)	-6.1%	-60.7%
Risk-adjusted return (90d)	-0.15	0.48

Relative strength over 90 days: DND outperformed BTW by 65.2% — measured on the DND/BTW ratio, so it holds regardless of market direction.

DungeonSwap →Bitway →