Freedom Dollar vs crvUSD

crvUSD (CRVUSD) is 12.8× the size of Freedom Dollar (FUSD) by market capitalisation. Over the past 30 days, CRVUSD is ahead by 0.3 percentage points (FUSD -0.3% against CRVUSD -0.1%). Their daily returns move barely together (correlation 0.10 across 23 shared trading days). CRVUSD has been the more volatile of the two, at 1% annualised against FUSD's 1%.

Correlation: 0.10
Size ratio: 1 : 12.8
Ahead over 30 days: CRVUSD

Freedom DollarFUSD

$0.998796

24h: +0.00%
Market cap: $11.99M
Volume 24h: $100,393
Volatility (ann.): 1%

crvUSDCRVUSD

$0.998847

24h: -0.00%
Market cap: $152.97M
Volume 24h: $29.40M
Volatility (ann.): 1%

FUSD 7.3%Share of the two combined market caps92.7% CRVUSD

Performance

FUSDCRVUSD

7 days-0.34%+0.04%CRVUSD
30 days-0.34%-0.09%CRVUSD

Correlation

0.10over 23 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	FUSD	CRVUSD
Max drawdown (400d)	-0.3%	-0.3%
Risk-adjusted return (90d)	-0.51	0.00

Relative strength over 90 days: CRVUSD outperformed FUSD by 0.4% — measured on the FUSD/CRVUSD ratio, so it holds regardless of market direction.

Freedom Dollar →crvUSD →