Hookr.fun vs Tether

Tether (USDT) is 10621.8× the size of Hookr.fun (HOOKR) by market capitalisation. Over the past 30 days, HOOKR is ahead by 25.3 percentage points (HOOKR +25.3% against USDT -0.1%). Their daily returns move loosely together (correlation 0.55 across 26 shared trading days). HOOKR has been the more volatile of the two, at 660% annualised against USDT's 1%.

Correlation: 0.55
Size ratio: 1 : 10621.8
Ahead over 30 days: HOOKR

Hookr.funHOOKR

$0.016783

24h: +5.67%
Market cap: $16.78M
Volume 24h: $1.57M
Volatility (ann.): 660%

TetherUSDT

$0.999392

24h: +0.03%
Market cap: $178.27B
Volume 24h: $64.53B
Volatility (ann.): 1%

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

Performance

HOOKRUSDT

7 days-27.65%+0.03%USDT
30 days+25.27%-0.08%HOOKR

Correlation

0.55over 26 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5590d: 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	HOOKR	USDT
Max drawdown (400d)	-72.4%	-0.2%
Risk-adjusted return (90d)	0.27	-0.03

Relative strength over 90 days: HOOKR outperformed USDT by 175.0% — measured on the HOOKR/USDT ratio, so it holds regardless of market direction.

Hookr.fun →Tether →