gtr.trade vs Lighter

Lighter (LIT) is 5314.8× the size of gtr.trade (GTR) by market capitalisation. Over the past 30 days, LIT is ahead by 55.4 percentage points (GTR -63.0% against LIT -7.6%). Their daily returns move barely together (correlation 0.30 across 34 shared trading days). Both have run at a similar volatility, around 127% annualised.

Correlation: 0.30
Size ratio: 1 : 5314.8
Ahead over 30 days: LIT

gtr.tradeGTR

$0.000163

24h: +0.75%
Market cap: $162,495
Volume 24h: $51
Volatility (ann.): 135%

LighterLIT

$0.743000

24h: +9.37%
Market cap: $863.63M
Volume 24h: $122.14M
Volatility (ann.): 120%

GTR 0.0%Share of the two combined market caps100.0% LIT

Performance

GTRLIT

7 days-11.41%+11.51%LIT
30 days-62.99%-7.63%LIT

Correlation

0.30over 34 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3090d: 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	GTR	LIT
Max drawdown (400d)	-64.8%	-42.9%
Risk-adjusted return (90d)	-0.45	-0.25

Relative strength over 90 days: LIT outperformed GTR by 55.3% — measured on the GTR/LIT ratio, so it holds regardless of market direction.

gtr.trade →Lighter →