RobinFun Genesis vs Tether

Tether (USDT) is 12960988.0× the size of RobinFun Genesis (GENESIS) by market capitalisation. Over the past 30 days, USDT is ahead by 36.4 percentage points (GENESIS -36.4% against USDT -0.0%). Their daily returns move barely together (correlation 0.17 across 24 shared trading days). GENESIS has been the more volatile of the two, at 167% annualised against USDT's 1%.

Correlation: 0.17
Size ratio: 1 : 12960988.0
Ahead over 30 days: USDT

RobinFun GenesisGENESIS

$2.868e-5

24h: +7.87%
Market cap: $13,696
Volume 24h: $197
Volatility (ann.): 167%

TetherUSDT

$0.998963

24h: -0.04%
Market cap: $177.52B
Volume 24h: $61.96B
Volatility (ann.): 1%

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

Performance

GENESISUSDT

7 days+11.37%+0.03%GENESIS
30 days-36.39%-0.04%USDT

Correlation

0.17over 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	GENESIS	USDT
Max drawdown (400d)	-70.8%	-0.2%
Risk-adjusted return (90d)	-0.39	0.03

Relative strength over 90 days: USDT outperformed GENESIS by 21.2% — measured on the GENESIS/USDT ratio, so it holds regardless of market direction.

RobinFun Genesis →Tether →