IDLE Protocol vs Unibase

Unibase (UB) is 3092.1× the size of IDLE Protocol (IDLE) by market capitalisation. Over the past 30 days, IDLE is ahead by 58.1 percentage points (IDLE +41.2% against UB -16.8%). Their daily returns move loosely together (correlation 0.43 across 27 shared trading days). IDLE has been the more volatile of the two, at 381% annualised against UB's 101%.

Correlation: 0.43
Size ratio: 1 : 3092.1
Ahead over 30 days: IDLE

IDLE ProtocolIDLE

$9.211e-5

24h: +14.06%
Market cap: $82,388
Volume 24h: $1,396
Volatility (ann.): 381%

UnibaseUB

$0.101901

24h: -5.32%
Market cap: $254.75M
Volume 24h: $9.51M
Volatility (ann.): 101%

IDLE 0.0%Share of the two combined market caps100.0% UB

Performance

IDLEUB

7 days-17.91%-7.80%UB
30 days+41.22%-16.85%IDLE

Correlation

0.43over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4390d: 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	IDLE	UB
Max drawdown (400d)	-41.5%	-31.0%
Risk-adjusted return (90d)	0.07	-0.05

Relative strength over 90 days: IDLE outperformed UB by 34.9% — measured on the IDLE/UB ratio, so it holds regardless of market direction.

IDLE Protocol →Unibase →