InfiniFi USD vs Re Protocol reUSD

Re Protocol reUSD (REUSD) is 5.2× the size of InfiniFi USD (IUSD) by market capitalisation. Over the past 30 days, REUSD is ahead by 1.0 percentage points (IUSD -0.1% against REUSD +0.9%). Their daily returns move barely together (correlation 0.24 across 50 shared trading days). REUSD has been the more volatile of the two, at 2% annualised against IUSD's 1%.

Correlation: 0.24
Size ratio: 1 : 5.2
Ahead over 30 days: REUSD

InfiniFi USDIUSD

$0.999129

24h: -0.09%
Market cap: $71.09M
Volume 24h: $6,202
Volatility (ann.): 1%

Re Protocol reUSDREUSD

$1.1100

24h: +0.07%
Market cap: $372.48M
Volume 24h: $4.43M
Volatility (ann.): 2%

IUSD 16.0%Share of the two combined market caps84.0% REUSD

Performance

IUSDREUSD

7 days-0.08%+0.00%REUSD
30 days-0.07%+0.91%REUSD

Correlation

0.24over 50 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3090d: 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	IUSD	REUSD
Max drawdown (400d)	-0.3%	-0.1%
Risk-adjusted return (90d)	0.02	0.53

Relative strength over 90 days: REUSD outperformed IUSD by 1.2% — measured on the IUSD/REUSD ratio, so it holds regardless of market direction.

InfiniFi USD →Re Protocol reUSD →