Jupiter (JUP) is 304.6× the size of Quickswap (QUICK) by market capitalisation. Over the past 1 year, JUP is ahead by 54.1 percentage points (QUICK -85.5% against JUP -31.3%). Their daily returns move loosely together (correlation 0.46 across 392 shared trading days). Both have run at a similar volatility, around 98% annualised.
QUICKJUP
0.46over 392 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 | QUICK | JUP |
|---|---|---|
| Max drawdown (400d) | -88.9% | -70.9% |
| Risk-adjusted return (90d) | -0.53 | 0.29 |
| Best 30 days (past year) | +34.2% | +68.3% |
| Worst 30 days (past year) | -74.3% | -41.5% |
Relative strength over 90 days: JUP outperformed QUICK by 74.3% — measured on the QUICK/JUP ratio, so it holds regardless of market direction.