OSOL vs Tether

Tether (USDT) is 2458932.1× the size of OSOL (OSOL) by market capitalisation. Over the past 30 days, OSOL is ahead by 9.9 percentage points (OSOL +9.9% against USDT -0.0%). Their daily returns move loosely in opposite directions (correlation -0.39 across 23 shared trading days). OSOL has been the more volatile of the two, at 83% annualised against USDT's 1%.

Correlation: -0.39
Size ratio: 1 : 2458932.1
Ahead over 30 days: OSOL

OSOLOSOL

$7.220e-5

24h: +4.55%
Market cap: $72,197
Volume 24h: $10
Volatility (ann.): 83%

TetherUSDT

$0.999024

24h: -0.04%
Market cap: $177.53B
Volume 24h: $62.24B
Volatility (ann.): 1%

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

Performance

OSOLUSDT

7 days-2.02%+0.03%USDT
30 days+9.87%-0.04%OSOL

Correlation

-0.39over 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	OSOL	USDT
Max drawdown (400d)	-11.3%	-0.2%
Risk-adjusted return (90d)	0.33	0.03

Relative strength over 90 days: OSOL outperformed USDT by 0.0% — measured on the OSOL/USDT ratio, so it holds regardless of market direction.

OSOL →Tether →