Rabbit Finance vs Bitway

Bitway (BTW) is 108478.8× the size of Rabbit Finance (RABBIT) by market capitalisation. Over the past 30 days, BTW is ahead by 51.5 percentage points (RABBIT -6.0% against BTW +45.5%). Their daily returns move barely in opposite directions (correlation -0.13 across 24 shared trading days). BTW has been the more volatile of the two, at 362% annualised against RABBIT's 24%.

Correlation: -0.13
Size ratio: 1 : 108478.8
Ahead over 30 days: BTW

Rabbit FinanceRABBIT

$0.000143

24h: +1.64%
Market cap: $15,226
Volume 24h: $59
Volatility (ann.): 24%

BitwayBTW

$1.0970

24h: +3.29%
Market cap: $1.65B
Volume 24h: $4.73M
Volatility (ann.): 362%

RABBIT 0.0%Share of the two combined market caps100.0% BTW

Performance

RABBITBTW

7 days-2.39%-40.12%RABBIT
30 days-6.04%+45.45%BTW

Correlation

-0.13over 24 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	RABBIT	BTW
Max drawdown (400d)	-8.3%	-60.7%
Risk-adjusted return (90d)	-0.18	0.48

Relative strength over 90 days: RABBIT outperformed BTW by 64.5% — measured on the RABBIT/BTW ratio, so it holds regardless of market direction.

Rabbit Finance →Bitway →