Tether (USDT) is 2572.8× the size of Ondo U.S. Dollar Token (USDON) by market capitalisation. Over the past 30 days, USDT is ahead by 0.0 percentage points (USDON +0.0% against USDT +0.0%). Both have run at a similar volatility, around 0% annualised.
| Period | USDON | USDT | Ahead |
|---|---|---|---|
| 7 days | +0.00% | -0.01% | USDON |
| 30 days | +0.00% | +0.05% | USDT |
| Metric | USDON | USDT |
|---|---|---|
| Max drawdown (400d) | 0.0% | -0.0% |
| Risk-adjusted return (90d) | — | 0.19 |
Relative strength over 90 days: USDT outperformed USDON by 0.0% — measured on the USDON/USDT ratio, so it holds regardless of market direction.