Re Protocol reUSDe vs inSure DeFi

Re Protocol reUSDe (REUSDE) is 5.3× the size of inSure DeFi (SURE) by market capitalisation. Their daily returns move barely in opposite directions (correlation -0.26 across 31 shared trading days). SURE has been the more volatile of the two, at 143% annualised against REUSDE's 11%.

Correlation: -0.26
Size ratio: 5.3×

Re Protocol reUSDeREUSDE

$1.4400

24h: -0.05%
Market cap: $29.29M
Volume 24h: $40,896
Volatility (ann.): 11%

inSure DeFiSURE

$0.000207

24h: -1.33%
Market cap: $5.48M
Volume 24h: $11
Volatility (ann.): 143%

REUSDE 84.2%Share of the two combined market caps15.8% SURE

Performance

REUSDESURE

7 days+0.00%-90.73%REUSDE
30 days+1.42%-91.86%REUSDE
90 days—-87.19%—

Correlation

-0.26over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.2690d: 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	REUSDE	SURE
Max drawdown (400d)	-1.4%	-92.6%
Risk-adjusted return (90d)	0.13	-0.44

Relative strength over 90 days: REUSDE outperformed SURE by 1119.5% — measured on the REUSDE/SURE ratio, so it holds regardless of market direction.

Re Protocol reUSDe →inSure DeFi →