Pump.fun (PUMP) is 1556.1× the size of Lnfi Network (LN) by market capitalisation. Over the past 1 year, PUMP is ahead by 80.6 percentage points (LN -67.4% against PUMP +13.2%). Their daily returns move barely in opposite directions (correlation -0.16 across 367 shared trading days). LN has been the more volatile of the two, at 223% annualised against PUMP's 127%.
LNPUMP
-0.16over 367 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 | LN | PUMP |
|---|---|---|
| Max drawdown (400d) | -90.2% | -83.1% |
| Risk-adjusted return (90d) | 0.06 | 0.53 |
| Best 30 days (past year) | +206.9% | +185.0% |
| Worst 30 days (past year) | -68.8% | -43.2% |
Relative strength over 90 days: PUMP outperformed LN by 47.2% — measured on the LN/PUMP ratio, so it holds regardless of market direction.