Felix feUSD vs Dai

Dai (DAI) is 60.2× the size of Felix feUSD (FEUSD) by market capitalisation. Over the past 30 days, FEUSD is ahead by 0.0 percentage points (FEUSD +0.0% against DAI +0.0%). Their daily returns move barely together (correlation 0.07 across 25 shared trading days). FEUSD has been the more volatile of the two, at 4% annualised against DAI's 1%.

Correlation: 0.07
Size ratio: 1 : 60.2
Ahead over 30 days: FEUSD

Felix feUSDFEUSD

$0.999733

24h: +0.20%
Market cap: $74.98M
Volume 24h: $45,066
Volatility (ann.): 4%

DaiDAI

$0.999966

24h: +0.02%
Market cap: $4.51B
Volume 24h: $136.36M
Volatility (ann.): 1%

FEUSD 1.6%Share of the two combined market caps98.4% DAI

Performance

FEUSDDAI

7 days-0.12%+0.03%DAI
30 days+0.03%+0.00%FEUSD

Correlation

0.07over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0790d: 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	FEUSD	DAI
Max drawdown (400d)	-1.0%	-0.1%
Risk-adjusted return (90d)	0.02	0.03

Relative strength over 90 days: DAI outperformed FEUSD by 0.2% — measured on the FEUSD/DAI ratio, so it holds regardless of market direction.

Felix feUSD →Dai →