Eyed Exchange vs Bitway

Bitway (BTW) is 8926.0× the size of Eyed Exchange (EYED) by market capitalisation. Over the past 30 days, BTW is ahead by 105.1 percentage points (EYED -59.6% against BTW +45.5%). Their daily returns move loosely in opposite directions (correlation -0.37 across 24 shared trading days). Both have run at a similar volatility, around 343% annualised.

Correlation: -0.37
Size ratio: 1 : 8926.0
Ahead over 30 days: BTW

Eyed ExchangeEYED

$0.000195

24h: +14.98%
Market cap: $172,988
Volume 24h: $3,909
Volatility (ann.): 323%

BitwayBTW

$1.0260

24h: -2.98%
Market cap: $1.54B
Volume 24h: $5.30M
Volatility (ann.): 362%

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

Performance

EYEDBTW

7 days-9.88%-40.12%EYED
30 days-59.61%+45.45%BTW

Correlation

-0.37over 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	EYED	BTW
Max drawdown (400d)	-73.0%	-60.7%
Risk-adjusted return (90d)	0.02	0.48

Relative strength over 90 days: BTW outperformed EYED by 12.0% — measured on the EYED/BTW ratio, so it holds regardless of market direction.

Eyed Exchange →Bitway →