Red Kite vs Tether
Tether (USDT) is 588569.4× the size of Red Kite (PKF) by market capitalisation. PKF has been the more volatile of the two, at 106% annualised against USDT's 1%.
- Size ratio
- 1 : 588569.4
Tether (USDT) is 588569.4× the size of Red Kite (PKF) by market capitalisation. PKF has been the more volatile of the two, at 106% annualised against USDT's 1%.
PKFUSDT
| Metric | PKF | USDT |
|---|---|---|
| Max drawdown (400d) | -77.9% | -0.2% |
| Risk-adjusted return (90d) | -0.42 | 0.03 |
Relative strength over 90 days: USDT outperformed PKF by 8.3% — measured on the PKF/USDT ratio, so it holds regardless of market direction.