EigenCloud (prev. EigenLayer) (EIGEN) is 1.9× the size of 0G (0G) by market capitalisation. Over the past 1 year, EIGEN is ahead by 11.1 percentage points (EIGEN -76.4% against 0G -87.5%). Their daily returns move loosely together (correlation 0.35 across 399 shared trading days). Both have run at a similar volatility, around 115% annualised.
$0.184200
EIGEN0G
0.35over 399 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 | EIGEN | 0G |
|---|---|---|
| Max drawdown (400d) | -92.3% | -95.9% |
| Risk-adjusted return (90d) | -0.02 | 0.11 |
| Best 30 days (past year) | +46.0% | +99.1% |
| Worst 30 days (past year) | -55.2% | -53.0% |
Relative strength over 90 days: 0G outperformed EIGEN by 13.2% — measured on the EIGEN/0G ratio, so it holds regardless of market direction.