Ethernity Chain vs OKB

OKB (OKB) is 12465.8× the size of Ethernity Chain (ERN) by market capitalisation. Over the past 30 days, OKB is ahead by 74.1 percentage points (ERN -78.8% against OKB -4.7%). Their daily returns move loosely together (correlation 0.54 across 25 shared trading days). ERN has been the more volatile of the two, at 290% annualised against OKB's 53%.

Correlation: 0.54
Size ratio: 1 : 12465.8
Ahead over 30 days: OKB

Ethernity ChainERN

$0.006053

24h: —
Market cap: $181,594
Volume 24h: —
Volatility (ann.): 290%

OKBOKB

$107.7800

24h: -1.67%
Market cap: $2.26B
Volume 24h: $20.85M
Volatility (ann.): 53%

ERN 0.0%Share of the two combined market caps100.0% OKB

Performance

ERNOKB

7 days-73.53%-0.94%OKB
30 days-78.75%-4.69%OKB

Correlation

0.54over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5490d: 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	ERN	OKB
Max drawdown (400d)	-85.1%	-12.2%
Risk-adjusted return (90d)	-0.28	0.06

Relative strength over 90 days: OKB outperformed ERN by 79.6% — measured on the ERN/OKB ratio, so it holds regardless of market direction.

Ethernity Chain →OKB →