Hylo USD vs USDD

USDD (USDD) is 63.2× the size of Hylo USD (HYUSD) by market capitalisation. Over the past 30 days, HYUSD is ahead by 0.2 percentage points (HYUSD +0.1% against USDD -0.1%). Their daily returns move barely in opposite directions (correlation -0.29 across 32 shared trading days). HYUSD has been the more volatile of the two, at 4979314% annualised against USDD's 2%.

Correlation: -0.29
Size ratio: 1 : 63.2
Ahead over 30 days: HYUSD

Hylo USDHYUSD

$0.999433

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

USDDUSDD

$0.998601

24h: +0.03%
Market cap: $1.48B
Volume 24h: $2.15M
Volatility (ann.): 2%

HYUSD 1.6%Share of the two combined market caps98.4% USDD

Performance

HYUSDUSDD

7 days-99.99%+0.11%USDD
30 days+0.08%-0.14%HYUSD

Correlation

-0.29over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.2990d: 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	USDD
Max drawdown (400d)	-100.0%	-0.4%
Risk-adjusted return (90d)	0.00	-0.15

Relative strength over 90 days: HYUSD outperformed USDD by 0.4% — measured on the HYUSD/USDD ratio, so it holds regardless of market direction.

Hylo USD →USDD →