Perpetual Exchange Protocol vs Tether
Tether (USDT) is 25095260.4× the size of Perpetual Exchange Protocol (PERC) by market capitalisation. PERC has been the more volatile of the two, at 113% annualised against USDT's 1%.
- Size ratio
- 1 : 25095260.4
Tether (USDT) is 25095260.4× the size of Perpetual Exchange Protocol (PERC) by market capitalisation. PERC has been the more volatile of the two, at 113% annualised against USDT's 1%.
PERCUSDT
| Metric | PERC | USDT |
|---|---|---|
| Max drawdown (400d) | -23.8% | -0.2% |
| Risk-adjusted return (90d) | -0.07 | 0.03 |
Relative strength over 90 days: PERC outperformed USDT by 8.1% — measured on the PERC/USDT ratio, so it holds regardless of market direction.