Meme Liquid vs Lighter

Lighter (LIT) is 22832.0× the size of Meme Liquid (LIQUID) by market capitalisation. Over the past 30 days, LIQUID is ahead by 168.7 percentage points (LIQUID +151.8% against LIT -16.9%). Their daily returns move barely together (correlation 0.10 across 35 shared trading days). LIQUID has been the more volatile of the two, at 332% annualised against LIT's 118%.

Correlation: 0.10
Size ratio: 1 : 22832.0
Ahead over 30 days: LIQUID

Meme LiquidLIQUID

$3.913e-5

24h: +10.47%
Market cap: $37,755
Volume 24h: $8,757
Volatility (ann.): 332%

LighterLIT

$0.743000

24h: -1.62%
Market cap: $862.02M
Volume 24h: $97.31M
Volatility (ann.): 118%

LIQUID 0.0%Share of the two combined market caps100.0% LIT

Performance

LIQUIDLIT

7 days+261.16%+13.99%LIQUID
30 days+151.82%-16.92%LIQUID

Correlation

0.10over 35 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.1290d: 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	LIQUID	LIT
Max drawdown (400d)	-36.7%	-42.9%
Risk-adjusted return (90d)	0.46	-0.26

Relative strength over 90 days: LIQUID outperformed LIT by 189.9% — measured on the LIQUID/LIT ratio, so it holds regardless of market direction.

Meme Liquid →Lighter →