Maker vs Ondo

Maker (MKR) and Ondo (ONDO) compared side by side. Their daily returns move barely together (correlation 0.30 across 34 shared trading days). Both have run at a similar volatility, around 91% annualised.

Correlation: 0.30

MakerMKR

$1,813.7

24h: +0.65%
Market cap: —
Volume 24h: $19,733
Volatility (ann.): 87%

OndoONDO

$0.412400

24h: +5.56%
Market cap: $2.01B
Volume 24h: $152.51M
Volatility (ann.): 95%

MKR 0.0%Share of the two combined market caps100.0% ONDO

Performance

MKRONDO

7 days+1.53%-7.27%MKR
30 days-31.95%-21.72%ONDO
90 days—+4.39%—
1 year—-36.54%—

Correlation

0.30over 34 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3490d: 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	MKR	ONDO
Max drawdown (400d)	-33.6%	-76.6%
Risk-adjusted return (90d)	-0.24	0.04
Best 30 days (past year)	—	+76.6%
Worst 30 days (past year)	—	-50.8%

Relative strength over 90 days: MKR outperformed ONDO by 1.3% — measured on the MKR/ONDO ratio, so it holds regardless of market direction.

Maker →Ondo →