Orynth vs Tether

Tether (USDT) is 1086208.0× the size of Orynth (ORY) by market capitalisation. Over the past 30 days, USDT is ahead by 62.1 percentage points (ORY -62.2% against USDT -0.1%). Their daily returns move closely together (correlation 0.61 across 23 shared trading days). ORY has been the more volatile of the two, at 214% annualised against USDT's 1%.

Correlation: 0.61
Size ratio: 1 : 1086208.0
Ahead over 30 days: USDT

OrynthORY

$0.000164

24h: -1.85%
Market cap: $164,078
Volume 24h: $201
Volatility (ann.): 214%

TetherUSDT

$0.999148

24h: +0.04%
Market cap: $178.22B
Volume 24h: $56.79B
Volatility (ann.): 1%

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

Performance

ORYUSDT

7 days-41.15%+0.03%USDT
30 days-62.21%-0.08%USDT

Correlation

0.61over 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	ORY	USDT
Max drawdown (400d)	-65.2%	-0.2%
Risk-adjusted return (90d)	-0.28	-0.03

Relative strength over 90 days: USDT outperformed ORY by 51.7% — measured on the ORY/USDT ratio, so it holds regardless of market direction.

Orynth →Tether →