REM Token vs Ondo US Dollar Yield

Ondo US Dollar Yield (USDY) is 7911.9× the size of REM Token (REM) by market capitalisation. Over the past 30 days, REM is ahead by 24.7 percentage points (REM +25.6% against USDY +0.9%). Their daily returns move barely in opposite directions (correlation -0.01 across 21 shared trading days). REM has been the more volatile of the two, at 116% annualised against USDY's 6%.

Correlation: -0.01
Size ratio: 1 : 7911.9
Ahead over 30 days: REM

REM TokenREM

$0.001569

24h: +4.72%
Market cap: $302,487
Volume 24h: $44,135
Volatility (ann.): 116%

Ondo US Dollar YieldUSDY

$1.1500

24h: +0.06%
Market cap: $2.39B
Volume 24h: $2.38M
Volatility (ann.): 6%

REM 0.0%Share of the two combined market caps100.0% USDY

Performance

REMUSDY

7 days+22.20%+0.00%REM
30 days+25.58%+0.88%REM

Correlation

-0.01over 21 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	REM	USDY
Max drawdown (400d)	-15.6%	-0.9%
Risk-adjusted return (90d)	0.28	0.15

Relative strength over 90 days: REM outperformed USDY by 31.7% — measured on the REM/USDY ratio, so it holds regardless of market direction.

REM Token →Ondo US Dollar Yield →