High Yield USD (Base) vs Dai

Dai (DAI) is 78113.0× the size of High Yield USD (Base) (HYUSD) by market capitalisation. Over the past 30 days, HYUSD is ahead by 0.9 percentage points (HYUSD +0.9% against DAI +0.0%). Their daily returns move barely together (correlation 0.24 across 34 shared trading days). HYUSD has been the more volatile of the two, at 9% annualised against DAI's 1%.

Correlation: 0.24
Size ratio: 1 : 78113.0
Ahead over 30 days: HYUSD

High Yield USD (Base)HYUSD

$1.1400

24h: —
Market cap: $57,727
Volume 24h: $12
Volatility (ann.): 9%

DaiDAI

$1.0000

24h: +0.00%
Market cap: $4.51B
Volume 24h: $190.95M
Volatility (ann.): 1%

HYUSD 0.0%Share of the two combined market caps100.0% DAI

Performance

HYUSDDAI

7 days+0.00%+0.00%HYUSD
30 days+0.88%+0.02%HYUSD

Correlation

0.24over 34 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2490d: 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	HYUSD	DAI
Max drawdown (400d)	-1.7%	-0.1%
Risk-adjusted return (90d)	0.10	0.03

Relative strength over 90 days: HYUSD outperformed DAI by 0.9% — measured on the HYUSD/DAI ratio, so it holds regardless of market direction.

High Yield USD (Base) →Dai →