Internet Token vs Tether

Tether (USDT) is 3313014.7× the size of Internet Token (INT) by market capitalisation. Over the past 30 days, USDT is ahead by 10.3 percentage points (INT -10.4% against USDT -0.1%). Their daily returns move barely in opposite directions (correlation -0.07 across 22 shared trading days). INT has been the more volatile of the two, at 291% annualised against USDT's 1%.

Correlation: -0.07
Size ratio: 1 : 3313014.7
Ahead over 30 days: USDT

Internet TokenINT

$0.000126

24h: —
Market cap: $53,597
Volume 24h: $1
Volatility (ann.): 291%

TetherUSDT

$0.999003

24h: -0.03%
Market cap: $177.57B
Volume 24h: $67.62B
Volatility (ann.): 1%

INT 0.0%Share of the two combined market caps100.0% USDT

Performance

INTUSDT

7 days+4.45%+0.07%INT
30 days-10.38%-0.09%USDT

Correlation

-0.07over 22 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	INT	USDT
Max drawdown (400d)	-54.0%	-0.2%
Risk-adjusted return (90d)	-0.04	-0.05

Relative strength over 90 days: USDT outperformed INT by 2.0% — measured on the INT/USDT ratio, so it holds regardless of market direction.

Internet Token →Tether →