Maple Finance (SYRUP) is 81.5× the size of Epic Chain (EPIC) by market capitalisation. Over the past 1 year, EPIC is ahead by 8.5 percentage points (EPIC -52.1% against SYRUP -60.7%). Their daily returns move barely together (correlation 0.19 across 375 shared trading days). EPIC has been the more volatile of the two, at 168% annualised against SYRUP's 87%.
EPICSYRUP
0.19over 375 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 | EPIC | SYRUP |
|---|---|---|
| Max drawdown (400d) | -89.7% | -74.3% |
| Risk-adjusted return (90d) | 0.07 | 0.00 |
| Best 30 days (past year) | +276.0% | +52.7% |
| Worst 30 days (past year) | -67.3% | -49.6% |
Relative strength over 90 days: SYRUP outperformed EPIC by 9.3% — measured on the EPIC/SYRUP ratio, so it holds regardless of market direction.