Olympus v1 vs Bitway

Olympus v1 (OHM) and Bitway (BTW) compared side by side. Over the past 30 days, BTW is ahead by 111.6 percentage points (OHM -38.2% against BTW +73.4%). Their daily returns move barely in opposite directions (correlation -0.32 across 23 shared trading days). BTW has been the more volatile of the two, at 365% annualised against OHM's 73%.

Correlation: -0.32
Ahead over 30 days: BTW

Olympus v1OHM

$28.7200

24h: -0.06%
Market cap: —
Volume 24h: $54
Volatility (ann.): 73%

BitwayBTW

$1.0370

24h: +7.59%
Market cap: $1.56B
Volume 24h: $6.47M
Volatility (ann.): 365%

OHM 0.0%Share of the two combined market caps100.0% BTW

Performance

OHMBTW

7 days-1.80%-44.93%OHM
30 days-38.24%+73.36%BTW

Correlation

-0.32over 23 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	OHM	BTW
Max drawdown (400d)	-39.8%	-60.7%
Risk-adjusted return (90d)	-0.53	0.43

Relative strength over 90 days: OHM outperformed BTW by 27.5% — measured on the OHM/BTW ratio, so it holds regardless of market direction.

Olympus v1 →Bitway →