SAFEbit vs OKB

OKB (OKB) is 166.3× the size of SAFEbit (SAFE) by market capitalisation. Over the past 30 days, OKB is ahead by 55.8 percentage points (SAFE -60.5% against OKB -4.7%). Their daily returns move barely in opposite directions (correlation -0.01 across 31 shared trading days). SAFE has been the more volatile of the two, at 259% annualised against OKB's 53%.

Correlation: -0.01
Size ratio: 1 : 166.3
Ahead over 30 days: OKB

SAFEbitSAFE

$0.019573

24h: -1.18%
Market cap: $13.95M
Volume 24h: $39,803
Volatility (ann.): 259%

OKBOKB

$110.4300

24h: +1.86%
Market cap: $2.32B
Volume 24h: $24.19M
Volatility (ann.): 53%

SAFE 0.6%Share of the two combined market caps99.4% OKB

Performance

SAFEOKB

7 days-14.95%-0.94%OKB
30 days-60.52%-4.69%OKB

Correlation

-0.01over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0190d: 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	SAFE	OKB
Max drawdown (400d)	-79.8%	-12.2%
Risk-adjusted return (90d)	-0.23	0.06

Relative strength over 90 days: OKB outperformed SAFE by 63.2% — measured on the SAFE/OKB ratio, so it holds regardless of market direction.

SAFEbit →OKB →