Overlay Protocol vs Lighter
Lighter (LIT) is 2613.2× the size of Overlay Protocol (OVL) by market capitalisation. OVL has been the more volatile of the two, at 195% annualised against LIT's 118%.
- Size ratio
- 1 : 2613.2
OVL 0.0%Share of the two combined market caps100.0% LIT
Performance
OVLLIT
- 7 daysLIT
- 30 daysOVL
- 90 days—
- 1 year—
Risk & extremes
| Metric | OVL | LIT |
|---|---|---|
| Max drawdown (400d) | -97.4% | -42.9% |
| Risk-adjusted return (90d) | -0.61 | -0.26 |
| Best 30 days (past year) | +231.1% | — |
| Worst 30 days (past year) | -67.8% | — |
Relative strength over 90 days: OVL outperformed LIT by 43.3% — measured on the OVL/LIT ratio, so it holds regardless of market direction.