Radar vs Tether

Tether (USDT) is 1455212.3× the size of Radar (RADAR) by market capitalisation. Over the past 30 days, USDT is ahead by 8.1 percentage points (RADAR -8.1% against USDT -0.0%). Their daily returns move barely in opposite directions (correlation -0.31 across 20 shared trading days). RADAR has been the more volatile of the two, at 353% annualised against USDT's 1%.

Correlation: -0.31
Size ratio: 1 : 1455212.3
Ahead over 30 days: USDT

RadarRADAR

$0.002503

24h: -34.88%
Market cap: $122,507
Volume 24h: $1
Volatility (ann.): 353%

TetherUSDT

$0.999439

24h: +0.04%
Market cap: $178.27B
Volume 24h: $57.39B
Volatility (ann.): 1%

RADAR 0.0%Share of the two combined market caps100.0% USDT

Performance

RADARUSDT

7 days+3.83%+0.03%RADAR
30 days-8.13%-0.04%USDT

Correlation

-0.31over 20 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	RADAR	USDT
Max drawdown (400d)	-42.8%	-0.2%
Risk-adjusted return (90d)	-0.02	0.03

Relative strength over 90 days: USDT outperformed RADAR by 6.2% — measured on the RADAR/USDT ratio, so it holds regardless of market direction.

Radar →Tether →