Hylo USD vs Falcon USD

Falcon USD (USDF) is 78.3× the size of Hylo USD (HYUSD) by market capitalisation. Over the past 30 days, HYUSD is ahead by 0.6 percentage points (HYUSD +0.1% against USDF -0.5%). Their daily returns move barely together (correlation 0.12 across 32 shared trading days). HYUSD has been the more volatile of the two, at 4979314% annualised against USDF's 1%.

Correlation: 0.12
Size ratio: 1 : 78.3
Ahead over 30 days: HYUSD

Hylo USDHYUSD

$0.999433

24h: +0.07%
Market cap: $23.38M
Volume 24h: $290,608
Volatility (ann.): 4979314%

Falcon USDUSDF

$0.991976

24h: +0.04%
Market cap: $1.83B
Volume 24h: $616,633
Volatility (ann.): 1%

HYUSD 1.3%Share of the two combined market caps98.7% USDF

Performance

HYUSDUSDF

7 days-99.99%-0.30%USDF
30 days+0.08%-0.48%HYUSD

Correlation

0.12over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1290d: 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	USDF
Max drawdown (400d)	-100.0%	-0.6%
Risk-adjusted return (90d)	0.00	-0.39

Relative strength over 90 days: HYUSD outperformed USDF by 0.5% — measured on the HYUSD/USDF ratio, so it holds regardless of market direction.

Hylo USD →Falcon USD →