Martians vs Degen

Degen (DEGEN) is 687.5× the size of Martians (MARTIANS) by market capitalisation. Over the past 30 days, DEGEN is ahead by 69.0 percentage points (MARTIANS -82.5% against DEGEN -13.5%). Their daily returns move barely together (correlation 0.25 across 33 shared trading days). MARTIANS has been the more volatile of the two, at 504% annualised against DEGEN's 78%.

Correlation: 0.25
Size ratio: 1 : 687.5
Ahead over 30 days: DEGEN

MartiansMARTIANS

$4.827e-5

24h: +8.48%
Market cap: $44,372
Volume 24h: $750
Volatility (ann.): 504%

DegenDEGEN

$0.000850

24h: -0.85%
Market cap: $30.50M
Volume 24h: $4.10M
Volatility (ann.): 78%

MARTIANS 0.1%Share of the two combined market caps99.9% DEGEN

Performance

MARTIANSDEGEN

7 days-13.47%-5.52%DEGEN
30 days-82.54%-13.51%DEGEN

Correlation

0.25over 33 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2190d: 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	MARTIANS	DEGEN
Max drawdown (400d)	-92.8%	-26.2%
Risk-adjusted return (90d)	-0.17	-0.20

Relative strength over 90 days: DEGEN outperformed MARTIANS by 86.8% — measured on the MARTIANS/DEGEN ratio, so it holds regardless of market direction.

Martians →Degen →