BORED vs Degen

Degen (DEGEN) is 20.3× the size of BORED (BORED) by market capitalisation. Over the past 30 days, BORED is ahead by 12.2 percentage points (BORED -5.6% against DEGEN -17.8%). Their daily returns move closely together (correlation 0.74 across 28 shared trading days). DEGEN has been the more volatile of the two, at 78% annualised against BORED's 63%.

Correlation: 0.74
Size ratio: 1 : 20.3
Ahead over 30 days: BORED

BOREDBORED

$0.000483

24h: +1.64%
Market cap: $1.52M
Volume 24h: $15
Volatility (ann.): 63%

DegenDEGEN

$0.000860

24h: -0.21%
Market cap: $30.88M
Volume 24h: $2.89M
Volatility (ann.): 78%

BORED 4.7%Share of the two combined market caps95.3% DEGEN

Performance

BOREDDEGEN

7 days-15.08%-7.09%DEGEN
30 days-5.61%-17.76%BORED

Correlation

0.74over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.7490d: 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	BORED	DEGEN
Max drawdown (400d)	-17.6%	-26.2%
Risk-adjusted return (90d)	-0.13	-0.22

Relative strength over 90 days: BORED outperformed DEGEN by 11.3% — measured on the BORED/DEGEN ratio, so it holds regardless of market direction.

BORED →Degen →