Tether (USDT) is 27071872.7× the size of PokPok Agent Brain by Virtuals (CTDA) by market capitalisation. Their daily returns move barely together (correlation 0.28 across 29 shared trading days). CTDA has been the more volatile of the two, at 158% annualised against USDT's 1%.
CTDAUSDT
0.28over 29 shared trading days
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.
| Metric | CTDA | USDT |
|---|---|---|
| Max drawdown (400d) | -98.3% | -0.2% |
| Risk-adjusted return (90d) | -0.41 | 0.03 |
Relative strength over 90 days: CTDA outperformed USDT by 8.4% — measured on the CTDA/USDT ratio, so it holds regardless of market direction.