Layers vs Bordrless
Layers (LAYERS) and Bordrless (BORDR) compared side by side. BORDR has been the more volatile of the two, at 959% annualised against LAYERS's 217%.
Layers (LAYERS) and Bordrless (BORDR) compared side by side. BORDR has been the more volatile of the two, at 959% annualised against LAYERS's 217%.
LAYERSBORDR
| Metric | LAYERS | BORDR |
|---|---|---|
| Max drawdown (400d) | -28.8% | -99.8% |
| Risk-adjusted return (90d) | — | -0.10 |
Relative strength over 90 days: BORDR outperformed LAYERS by 69.8% — measured on the LAYERS/BORDR ratio, so it holds regardless of market direction.