EZswap Protocol vs Bitway

EZswap Protocol (EZSWAP) and Bitway (BTW) compared side by side. Their daily returns move barely together (correlation 0.25 across 35 shared trading days). BTW has been the more volatile of the two, at 365% annualised against EZSWAP's 167%.

Correlation: 0.25

EZswap ProtocolEZSWAP

$2.194e-5

24h: -4.38%
Market cap: —
Volume 24h: $1,051
Volatility (ann.): 167%

BitwayBTW

$1.0630

24h: +6.52%
Market cap: $1.60B
Volume 24h: $6.57M
Volatility (ann.): 365%

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

Performance

EZSWAPBTW

7 days+7.15%-44.93%EZSWAP
30 days-9.80%+73.36%BTW
90 days-39.92%——
1 year-62.31%——

Correlation

0.25over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2790d: 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	EZSWAP	BTW
Max drawdown (400d)	-74.4%	-60.7%
Risk-adjusted return (90d)	-0.33	0.43

Relative strength over 90 days: BTW outperformed EZSWAP by 65.0% — measured on the EZSWAP/BTW ratio, so it holds regardless of market direction.

EZswap Protocol →Bitway →