Green Planet vs Tether

Tether (USDT) is 6031336.1× the size of Green Planet (GAMMA) by market capitalisation. Over the past 30 days, USDT is ahead by 10.4 percentage points (GAMMA -10.5% against USDT -0.1%). Their daily returns move loosely together (correlation 0.37 across 22 shared trading days). GAMMA has been the more volatile of the two, at 39% annualised against USDT's 1%.

Correlation: 0.37
Size ratio: 1 : 6031336.1
Ahead over 30 days: USDT

Green PlanetGAMMA

$0.000294

24h: -5.08%
Market cap: $29,439
Volume 24h: $65
Volatility (ann.): 39%

TetherUSDT

$0.998937

24h: -0.04%
Market cap: $177.56B
Volume 24h: $67.91B
Volatility (ann.): 1%

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

Performance

GAMMAUSDT

7 days-5.61%+0.07%USDT
30 days-10.49%-0.09%USDT

Correlation

0.37over 22 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	GAMMA	USDT
Max drawdown (400d)	-11.3%	-0.2%
Risk-adjusted return (90d)	-0.25	-0.05

Relative strength over 90 days: USDT outperformed GAMMA by 6.6% — measured on the GAMMA/USDT ratio, so it holds regardless of market direction.

Green Planet →Tether →