WhiteBIT Coin (WBT) is 3.9× the size of OKB (OKB) by market capitalisation. Over the past 30 days, OKB is ahead by 0.1 percentage points (OKB -2.5% against WBT -2.6%). Their daily returns move barely together (correlation 0.27 across 59 shared trading days). Both have run at a similar volatility, around 56% annualised.
OKBWBT
0.27over 59 shared trading days
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.
| Metric | OKB | WBT |
|---|---|---|
| Max drawdown (400d) | -12.2% | -12.4% |
| Risk-adjusted return (90d) | 0.11 | 0.72 |
Relative strength over 90 days: WBT outperformed OKB by 26.0% — measured on the OKB/WBT ratio, so it holds regardless of market direction.