Goldn vs Degen

Degen (DEGEN) is 48.9× the size of Goldn (GOLDN) by market capitalisation. Over the past 30 days, DEGEN is ahead by 51.7 percentage points (GOLDN -69.4% against DEGEN -17.8%). Their daily returns move closely together (correlation 0.62 across 36 shared trading days). GOLDN has been the more volatile of the two, at 159% annualised against DEGEN's 78%.

Correlation: 0.62
Size ratio: 1 : 48.9
Ahead over 30 days: DEGEN

GoldnGOLDN

$4.514e-5

24h: -15.05%
Market cap: $632,026
Volume 24h: $5,900
Volatility (ann.): 159%

DegenDEGEN

$0.000861

24h: +1.58%
Market cap: $30.93M
Volume 24h: $3.00M
Volatility (ann.): 78%

GOLDN 2.0%Share of the two combined market caps98.0% DEGEN

Performance

GOLDNDEGEN

7 days-23.32%-7.09%DEGEN
30 days-69.43%-17.76%DEGEN

Correlation

0.62over 36 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.6990d: 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	GOLDN	DEGEN
Max drawdown (400d)	-70.8%	-26.2%
Risk-adjusted return (90d)	-0.45	-0.22

Relative strength over 90 days: DEGEN outperformed GOLDN by 63.5% — measured on the GOLDN/DEGEN ratio, so it holds regardless of market direction.

Goldn →Degen →