InfiniteHash vs Chutes

Chutes (SN64) is 32.1× the size of InfiniteHash (SN89) by market capitalisation. Over the past 30 days, SN89 is ahead by 19.5 percentage points (SN89 +12.6% against SN64 -6.9%). Their daily returns move very closely together (correlation 0.95 across 23 shared trading days). SN64 has been the more volatile of the two, at 141% annualised against SN89's 101%.

Correlation: 0.95
Size ratio: 1 : 32.1
Ahead over 30 days: SN89

InfiniteHashSN89

$0.657659

24h: +0.09%
Market cap: $3.03M
Volume 24h: $1,357
Volatility (ann.): 101%

ChutesSN64

$15.3800

24h: +1.59%
Market cap: $97.32M
Volume 24h: $359,086
Volatility (ann.): 141%

SN89 3.0%Share of the two combined market caps97.0% SN64

Performance

SN89SN64

7 days-2.86%-11.80%SN89
30 days+12.60%-6.90%SN89

Correlation

0.95over 23 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	SN89	SN64
Max drawdown (400d)	-22.4%	-32.6%
Risk-adjusted return (90d)	0.12	0.00

Relative strength over 90 days: SN64 outperformed SN89 by 6.1% — measured on the SN89/SN64 ratio, so it holds regardless of market direction.

InfiniteHash →Chutes →