0xMarkets vs lium

lium (SN51) is 1918.2× the size of 0xMarkets (SN35) by market capitalisation. Over the past 30 days, SN35 is ahead by 48.3 percentage points (SN35 +69.9% against SN51 +21.6%). Their daily returns move barely together (correlation 0.17 across 21 shared trading days). SN35 has been the more volatile of the two, at 1012% annualised against SN51's 139%.

Correlation: 0.17
Size ratio: 1 : 1918.2
Ahead over 30 days: SN35

0xMarketsSN35

$0.142249

24h: -0.90%
Market cap: $72,724
Volume 24h: $26,270
Volatility (ann.): 1012%

liumSN51

$27.4900

24h: +1.44%
Market cap: $139.50M
Volume 24h: $2.66M
Volatility (ann.): 139%

SN35 0.1%Share of the two combined market caps99.9% SN51

Performance

SN35SN51

7 days+14.46%-12.01%SN35
30 days+69.89%+21.60%SN35

Correlation

0.17over 21 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	SN35	SN51
Max drawdown (400d)	-59.3%	-19.1%
Risk-adjusted return (90d)	0.07	0.66

Relative strength over 90 days: SN35 outperformed SN51 by 32.1% — measured on the SN35/SN51 ratio, so it holds regardless of market direction.

0xMarkets →lium →