LeverUp USD vs Tether

Tether (USDT) is 127045.8× the size of LeverUp USD (LVUSD) by market capitalisation. Over the past 30 days, USDT is ahead by 0.4 percentage points (LVUSD -0.4% against USDT -0.1%). Their daily returns move loosely together (correlation 0.40 across 28 shared trading days). LVUSD has been the more volatile of the two, at 7% annualised against USDT's 1%.

Correlation: 0.40
Size ratio: 1 : 127045.8
Ahead over 30 days: USDT

LeverUp USDLVUSD

$0.990880

24h: -0.39%
Market cap: $1.40M
Volume 24h: $1,293
Volatility (ann.): 7%

TetherUSDT

$0.999278

24h: +0.02%
Market cap: $178.25B
Volume 24h: $62.50B
Volatility (ann.): 1%

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

Performance

LVUSDUSDT

7 days+0.47%+0.03%LVUSD
30 days-0.44%-0.08%USDT

Correlation

0.40over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4090d: 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	LVUSD	USDT
Max drawdown (400d)	-1.3%	-0.2%
Risk-adjusted return (90d)	-0.04	-0.03

Relative strength over 90 days: USDT outperformed LVUSD by 0.2% — measured on the LVUSD/USDT ratio, so it holds regardless of market direction.

LeverUp USD →Tether →