Lido EarnUSD vs Bitway

Bitway (BTW) is 27.7× the size of Lido EarnUSD (EARNUSD) by market capitalisation. Over the past 30 days, BTW is ahead by 72.5 percentage points (EARNUSD +0.9% against BTW +73.4%). Their daily returns move loosely together (correlation 0.43 across 44 shared trading days). BTW has been the more volatile of the two, at 365% annualised against EARNUSD's 2%.

Correlation: 0.43
Size ratio: 1 : 27.7
Ahead over 30 days: BTW

Lido EarnUSDEARNUSD

$1.0390

24h: +0.03%
Market cap: $58.67M
Volume 24h: —
Volatility (ann.): 2%

BitwayBTW

$1.0780

24h: +12.06%
Market cap: $1.62B
Volume 24h: $5.80M
Volatility (ann.): 365%

EARNUSD 3.5%Share of the two combined market caps96.5% BTW

Performance

EARNUSDBTW

7 days+0.19%-44.93%EARNUSD
30 days+0.87%+73.36%BTW

Correlation

0.43over 44 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5890d: 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	EARNUSD	BTW
Max drawdown (400d)	-0.2%	-60.7%
Risk-adjusted return (90d)	0.69	0.43

Relative strength over 90 days: BTW outperformed EARNUSD by 54.3% — measured on the EARNUSD/BTW ratio, so it holds regardless of market direction.

Lido EarnUSD →Bitway →