Mantle vs OKB

OKB (OKB) is 1.5× the size of Mantle (MNT) by market capitalisation. Over the past 30 days, OKB is ahead by 12.4 percentage points (MNT -14.9% against OKB -2.5%). Their daily returns move loosely together (correlation 0.41 across 59 shared trading days). MNT has been the more volatile of the two, at 99% annualised against OKB's 52%.

Correlation: 0.41
Size ratio: 1 : 1.5
Ahead over 30 days: OKB

MantleMNT

$0.480799

24h: +4.62%
Market cap: $1.59B
Volume 24h: $31.93M
Volatility (ann.): 99%

OKBOKB

$111.2600

24h: +2.94%
Market cap: $2.34B
Volume 24h: $22.11M
Volatility (ann.): 52%

MNT 40.5%Share of the two combined market caps59.5% OKB

Performance

MNTOKB

7 days-5.06%-0.74%OKB
30 days-14.90%-2.48%OKB

Correlation

0.41over 59 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3990d: 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	MNT	OKB
Max drawdown (400d)	-31.8%	-12.2%
Risk-adjusted return (90d)	0.08	0.11

Relative strength over 90 days: MNT outperformed OKB by 2.0% — measured on the MNT/OKB ratio, so it holds regardless of market direction.

Mantle →OKB →