BTC$78,404.52▲ 2.43%ETH$2,320.30▲ 2.94%USDT$0.9989▲ 0.03%BNB$702.45▲ 1.35%XRP$1.28▲ 2.30%USDC$1.00▲ 0.01%SOL$93.09▲ 1.53%TRX$0.3223▲ 0.21%FIGR_HELOC$1.03▼ 0.19%ZEC$1,289.51▲ 14.04%HYPE$86.71▲ 3.66%XMR$118.70▲ 3.41%DOGE$0.0751▲ 1.96%USDS$1.00▲ 0.02%WBT$75.46▲ 2.48%LINK$11.14▲ 0.65%LEO$9.31▲ 0.47%ADA$0.1912▲ 2.92%XLM$0.1634▲ 1.76%BCH$275.10▲ 0.08%NEAR$4.05▲ 7.13%UNI$7.44▲ 5.50%DAI$1.0000▲ 0.00%USDE$1.00▲ 0.09%RAIN$0.006227▼ 1.52%LTC$54.54▲ 1.62%CC$0.0995▲ 6.03%AVAX$8.69▲ 3.71%SUI$0.9118▲ 5.92%USD1$0.9997▲ 0.07%GRAM$1.18▲ 1.81%XAUT$4,033.55▲ 3.40%HBAR$0.0707▲ 2.37%QNT$194.92▼ 0.43%USDG$1.00▲ 0.02%SHIB$0.000005▲ 3.08%PYUSD$1.0000▲ 0.01%TAO$229.60▲ 4.25%CRO$0.0513▲ 2.43%RLUSD$1.00▲ 0.00%BTC$78,404.52▲ 2.43%ETH$2,320.30▲ 2.94%USDT$0.9989▲ 0.03%BNB$702.45▲ 1.35%XRP$1.28▲ 2.30%USDC$1.00▲ 0.01%SOL$93.09▲ 1.53%TRX$0.3223▲ 0.21%FIGR_HELOC$1.03▼ 0.19%ZEC$1,289.51▲ 14.04%HYPE$86.71▲ 3.66%XMR$118.70▲ 3.41%DOGE$0.0751▲ 1.96%USDS$1.00▲ 0.02%WBT$75.46▲ 2.48%LINK$11.14▲ 0.65%LEO$9.31▲ 0.47%ADA$0.1912▲ 2.92%XLM$0.1634▲ 1.76%BCH$275.10▲ 0.08%NEAR$4.05▲ 7.13%UNI$7.44▲ 5.50%DAI$1.0000▲ 0.00%USDE$1.00▲ 0.09%RAIN$0.006227▼ 1.52%LTC$54.54▲ 1.62%CC$0.0995▲ 6.03%AVAX$8.69▲ 3.71%SUI$0.9118▲ 5.92%USD1$0.9997▲ 0.07%GRAM$1.18▲ 1.81%XAUT$4,033.55▲ 3.40%HBAR$0.0707▲ 2.37%QNT$194.92▼ 0.43%USDG$1.00▲ 0.02%SHIB$0.000005▲ 3.08%PYUSD$1.0000▲ 0.01%TAO$229.60▲ 4.25%CRO$0.0513▲ 2.43%RLUSD$1.00▲ 0.00%

OpenAI (Republic Pre-IPO) vs BlackRock USD Institutional Digital Liquidity Fund

BlackRock USD Institutional Digital Liquidity Fund (BUIDL) is 84.8× the size of OpenAI (Republic Pre-IPO) (PREOPAI) by market capitalisation. Over the past 30 days, PREOPAI is ahead by 6.5 percentage points (PREOPAI +6.5% against BUIDL +0.0%). Both have run at a similar volatility, around 27% annualised.

Size ratio
1 : 84.8
Ahead over 30 days
PREOPAI
OpenAI (Republic Pre-IPO)PREOPAI

$805.5200

24h
-1.36%
Market cap
$23.43M
Volume 24h
$113,299
Volatility (ann.)
53%
BlackRock USD Institutional Digital Liquidity FundBUIDL

$1.0000

24h
+0.00%
Market cap
$1.99B
Volume 24h
—
Volatility (ann.)
0%
PREOPAI 1.2%Share of the two combined market caps98.8% BUIDL

Performance

PREOPAIBUIDL

  1. 7 days-8.46%+0.00%BUIDL
  2. 30 days+6.50%+0.00%PREOPAI

Risk & extremes

MetricPREOPAIBUIDL
Max drawdown (400d)-16.7%0.0%
Risk-adjusted return (90d)0.14—

Relative strength over 90 days: PREOPAI outperformed BUIDL by 7.3% — measured on the PREOPAI/BUIDL ratio, so it holds regardless of market direction.

OpenAI (Republic Pre-IPO) →BlackRock USD Institutional Digital Liquidity Fund →