GYEN vs Tether

Tether (USDT) is 73724.3× the size of GYEN (GYEN) by market capitalisation. Over the past 30 days, USDT is ahead by 0.3 percentage points (GYEN -0.4% against USDT -0.1%). Their daily returns move barely together (correlation 0.11 across 32 shared trading days). GYEN has been the more volatile of the two, at 42% annualised against USDT's 1%.

Correlation: 0.11
Size ratio: 1 : 73724.3
Ahead over 30 days: USDT

GYENGYEN

$0.006292

24h: +0.43%
Market cap: $2.42M
Volume 24h: $134
Volatility (ann.): 42%

TetherUSDT

$0.999148

24h: +0.04%
Market cap: $178.22B
Volume 24h: $56.79B
Volatility (ann.): 1%

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

Performance

GYENUSDT

7 days-0.08%+0.03%USDT
30 days-0.40%-0.08%USDT

Correlation

0.11over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2090d: 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	GYEN	USDT
Max drawdown (400d)	-5.6%	-0.2%
Risk-adjusted return (90d)	0.20	-0.03

Relative strength over 90 days: GYEN outperformed USDT by 8.7% — measured on the GYEN/USDT ratio, so it holds regardless of market direction.

GYEN →Tether →