Rain vs Dai

Dai (DAI) is 1.0× the size of Rain (RAIN) by market capitalisation. Over the past 30 days, DAI is ahead by 58.2 percentage points (RAIN -58.2% against DAI +0.0%). Their daily returns move barely in opposite directions (correlation -0.03 across 27 shared trading days). RAIN has been the more volatile of the two, at 134% annualised against DAI's 1%.

Correlation: -0.03
Size ratio: 1 : 1.0
Ahead over 30 days: DAI

RainRAIN

$0.006217

24h: +0.81%
Market cap: $4.44B
Volume 24h: $14.21M
Volatility (ann.): 134%

DaiDAI

$1.0000

24h: -0.01%
Market cap: $4.51B
Volume 24h: $125.43M
Volatility (ann.): 1%

RAIN 49.6%Share of the two combined market caps50.4% DAI

Performance

RAINDAI

7 days-8.29%+0.03%DAI
30 days-58.25%+0.00%DAI

Correlation

-0.03over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0390d: 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	RAIN	DAI
Max drawdown (400d)	-68.5%	-0.1%
Risk-adjusted return (90d)	-0.37	0.03

Relative strength over 90 days: DAI outperformed RAIN by 42.8% — measured on the RAIN/DAI ratio, so it holds regardless of market direction.

Rain →Dai →