HTX DAO vs WhiteBIT Coin

WhiteBIT Coin (WBT) is 6.4× the size of HTX DAO (HTX) by market capitalisation. Over the past 30 days, WBT is ahead by 0.3 percentage points (HTX -7.1% against WBT -6.8%). Their daily returns move barely together (correlation 0.24 across 58 shared trading days). WBT has been the more volatile of the two, at 59% annualised against HTX's 38%.

Correlation: 0.24
Size ratio: 1 : 6.4
Ahead over 30 days: WBT

HTX DAOHTX

$1.570e-6

24h: -0.30%
Market cap: $1.39B
Volume 24h: $103.83M
Volatility (ann.): 38%

WhiteBIT CoinWBT

$75.4100

24h: +1.85%
Market cap: $8.95B
Volume 24h: $132.16M
Volatility (ann.): 59%

HTX 13.5%Share of the two combined market caps86.5% WBT

Performance

HTXWBT

7 days-2.47%-3.75%HTX
30 days-7.06%-6.78%WBT

Correlation

0.24over 58 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1090d: 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	HTX	WBT
Max drawdown (400d)	-15.6%	-12.4%
Risk-adjusted return (90d)	-0.31	0.62

Relative strength over 90 days: WBT outperformed HTX by 35.4% — measured on the HTX/WBT ratio, so it holds regardless of market direction.

HTX DAO →WhiteBIT Coin →