Orvix Chain Privacy vs Tether

Tether (USDT) is 52678468.6× the size of Orvix Chain Privacy (ORV) by market capitalisation. Over the past 30 days, USDT is ahead by 8.6 percentage points (ORV -8.7% against USDT -0.0%). Their daily returns move barely in opposite directions (correlation -0.11 across 22 shared trading days). ORV has been the more volatile of the two, at 53% annualised against USDT's 1%.

Correlation: -0.11
Size ratio: 1 : 52678468.6
Ahead over 30 days: USDT

Orvix Chain PrivacyORV

$3.380e-6

24h: —
Market cap: $3,384
Volume 24h: $6
Volatility (ann.): 53%

TetherUSDT

$0.999361

24h: +0.04%
Market cap: $178.26B
Volume 24h: $63.77B
Volatility (ann.): 1%

ORV 0.0%Share of the two combined market caps100.0% USDT

Performance

ORVUSDT

7 days-7.31%+0.03%USDT
30 days-8.65%-0.04%USDT

Correlation

-0.11over 22 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	ORV	USDT
Max drawdown (400d)	-13.6%	-0.2%
Risk-adjusted return (90d)	-0.19	0.03

Relative strength over 90 days: USDT outperformed ORV by 2.0% — measured on the ORV/USDT ratio, so it holds regardless of market direction.

Orvix Chain Privacy →Tether →