ProjectVex vs OriginTrail

OriginTrail (TRAC) is 126.7× the size of ProjectVex (VEX) by market capitalisation. Over the past 30 days, TRAC is ahead by 71.2 percentage points (VEX -63.3% against TRAC +7.8%). Their daily returns move barely together (correlation 0.07 across 32 shared trading days). VEX has been the more volatile of the two, at 310% annualised against TRAC's 104%.

Correlation: 0.07
Size ratio: 1 : 126.7
Ahead over 30 days: TRAC

ProjectVexVEX

$0.001246

24h: -6.43%
Market cap: $1.25M
Volume 24h: $675,479
Volatility (ann.): 310%

OriginTrailTRAC

$0.352885

24h: +6.23%
Market cap: $157.84M
Volume 24h: $3.03M
Volatility (ann.): 104%

VEX 0.8%Share of the two combined market caps99.2% TRAC

Performance

VEXTRAC

7 days-6.68%-5.27%TRAC
30 days-63.33%+7.85%TRAC

Correlation

0.07over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.0890d: 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	VEX	TRAC
Max drawdown (400d)	-74.5%	-22.2%
Risk-adjusted return (90d)	-0.23	0.33

Relative strength over 90 days: TRAC outperformed VEX by 72.5% — measured on the VEX/TRAC ratio, so it holds regardless of market direction.

ProjectVex →OriginTrail →