Felysyum vs Tether

Tether (USDT) is 9431.7× the size of Felysyum (FELY) by market capitalisation. Over the past 30 days, FELY is ahead by 59.9 percentage points (FELY +59.9% against USDT -0.1%). Their daily returns move barely together (correlation 0.06 across 32 shared trading days). FELY has been the more volatile of the two, at 78% annualised against USDT's 1%.

Correlation: 0.06
Size ratio: 1 : 9431.7
Ahead over 30 days: FELY

FelysyumFELY

$0.431679

24h: -1.08%
Market cap: $18.89M
Volume 24h: $1.20M
Volatility (ann.): 78%

TetherUSDT

$0.999009

24h: +0.04%
Market cap: $178.20B
Volume 24h: $49.39B
Volatility (ann.): 1%

FELY 0.0%Share of the two combined market caps100.0% USDT

Performance

FELYUSDT

7 days-6.68%+0.03%USDT
30 days+59.87%-0.08%FELY

Correlation

0.06over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0690d: 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	FELY	USDT
Max drawdown (400d)	-9.5%	-0.2%
Risk-adjusted return (90d)	0.91	-0.03

Relative strength over 90 days: FELY outperformed USDT by 71.2% — measured on the FELY/USDT ratio, so it holds regardless of market direction.

Felysyum →Tether →