Gate vs WhiteBIT Coin

WhiteBIT Coin (WBT) is 8.9× the size of Gate (GT) by market capitalisation. Over the past 30 days, GT is ahead by 9.1 percentage points (GT +2.4% against WBT -6.8%). Their daily returns move loosely together (correlation 0.48 across 58 shared trading days). GT has been the more volatile of the two, at 70% annualised against WBT's 59%.

Correlation: 0.48
Size ratio: 1 : 8.9
Ahead over 30 days: GT

GateGT

$9.5300

24h: +0.19%
Market cap: $997.96M
Volume 24h: $7.26M
Volatility (ann.): 70%

WhiteBIT CoinWBT

$75.2200

24h: +0.78%
Market cap: $8.93B
Volume 24h: $132.18M
Volatility (ann.): 59%

GT 10.1%Share of the two combined market caps89.9% WBT

Performance

GTWBT

7 days-1.24%-3.75%GT
30 days+2.35%-6.78%GT

Correlation

0.48over 58 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.7490d: 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	GT	WBT
Max drawdown (400d)	-17.7%	-12.4%
Risk-adjusted return (90d)	0.61	0.62

Relative strength over 90 days: GT outperformed WBT by 4.8% — measured on the GT/WBT ratio, so it holds regardless of market direction.

Gate →WhiteBIT Coin →