LEO Token (LEO) is 3.9× the size of OKB (OKB) by market capitalisation. Over the past 30 days, LEO is ahead by 11.0 percentage points (LEO +4.6% against OKB -6.5%). Their daily returns move barely together (correlation 0.01 across 61 shared trading days). OKB has been the more volatile of the two, at 53% annualised against LEO's 20%.
LEOOKB
0.01over 61 shared trading days
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.
| Metric | LEO | OKB |
|---|---|---|
| Max drawdown (400d) | -8.8% | -14.1% |
| Risk-adjusted return (90d) | 0.03 | 0.01 |
Relative strength over 90 days: LEO outperformed OKB by 0.1% — measured on the LEO/OKB ratio, so it holds regardless of market direction.