HUNT vs Tether

Tether (USDT) is 165498.9× the size of HUNT (HUNT) by market capitalisation. Over the past 30 days, USDT is ahead by 45.3 percentage points (HUNT -45.4% against USDT -0.0%). Their daily returns move barely in opposite directions (correlation -0.12 across 21 shared trading days). HUNT has been the more volatile of the two, at 157% annualised against USDT's 1%.

Correlation: -0.12
Size ratio: 1 : 165498.9
Ahead over 30 days: USDT

HUNTHUNT

$0.021761

24h: -2.29%
Market cap: $1.08M
Volume 24h: $106
Volatility (ann.): 157%

TetherUSDT

$0.999411

24h: +0.05%
Market cap: $178.27B
Volume 24h: $63.38B
Volatility (ann.): 1%

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

Performance

HUNTUSDT

7 days-15.97%+0.03%USDT
30 days-45.36%-0.04%USDT

Correlation

-0.12over 21 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	HUNT	USDT
Max drawdown (400d)	-45.4%	-0.2%
Risk-adjusted return (90d)	-0.29	0.03

Relative strength over 90 days: USDT outperformed HUNT by 44.7% — measured on the HUNT/USDT ratio, so it holds regardless of market direction.

HUNT →Tether →