LeverUp MON vs Indigo Protocol iUSD

Indigo Protocol iUSD (IUSD) is 8.6× the size of LeverUp MON (LVMON) by market capitalisation. Over the past 30 days, IUSD is ahead by 30.1 percentage points (LVMON -30.6% against IUSD -0.5%). Their daily returns move barely together (correlation 0.08 across 30 shared trading days). LVMON has been the more volatile of the two, at 108% annualised against IUSD's 23%.

Correlation: 0.08
Size ratio: 1 : 8.6
Ahead over 30 days: IUSD

LeverUp MONLVMON

$0.017496

24h: +0.60%
Market cap: $1.09M
Volume 24h: $2,196
Volatility (ann.): 108%

Indigo Protocol iUSDIUSD

$0.984807

24h: -0.37%
Market cap: $9.38M
Volume 24h: $4,595
Volatility (ann.): 23%

LVMON 10.4%Share of the two combined market caps89.6% IUSD

Performance

LVMONIUSD

7 days-16.90%-2.94%IUSD
30 days-30.64%-0.51%IUSD

Correlation

0.08over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0890d: 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	LVMON	IUSD
Max drawdown (400d)	-38.3%	-4.0%
Risk-adjusted return (90d)	-0.34	-0.02

Relative strength over 90 days: LVMON outperformed IUSD by 1.9% — measured on the LVMON/IUSD ratio, so it holds regardless of market direction.

LeverUp MON →Indigo Protocol iUSD →