Uniswap (UNI) is 1913.4× the size of R0AR Token (1R0R) by market capitalisation. Over the past 1 year, UNI is ahead by 135.9 percentage points (1R0R -97.0% against UNI +38.9%). Their daily returns move loosely together (correlation 0.48 across 372 shared trading days). UNI has been the more volatile of the two, at 101% annualised against 1R0R's 81%.
1R0RUNI
0.48over 372 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 | 1R0R | UNI |
|---|---|---|
| Max drawdown (400d) | -97.5% | -74.4% |
| Risk-adjusted return (90d) | -0.36 | 0.73 |
| Best 30 days (past year) | +52.2% | +143.9% |
| Worst 30 days (past year) | -67.7% | -47.8% |
Relative strength over 90 days: UNI outperformed 1R0R by 69.4% — measured on the 1R0R/UNI ratio, so it holds regardless of market direction.