Santiment Network vs Tether

Tether (USDT) is 36095.3× the size of Santiment Network (SAN) by market capitalisation. Over the past 30 days, USDT is ahead by 3.9 percentage points (SAN -4.0% against USDT -0.1%). Their daily returns move closely together (correlation 0.63 across 21 shared trading days). SAN has been the more volatile of the two, at 63% annualised against USDT's 1%.

Correlation: 0.63
Size ratio: 1 : 36095.3
Ahead over 30 days: USDT

Santiment NetworkSAN

$0.077080

24h: —
Market cap: $4.94M
Volume 24h: —
Volatility (ann.): 63%

TetherUSDT

$0.999009

24h: +0.04%
Market cap: $178.20B
Volume 24h: $49.39B
Volatility (ann.): 1%

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

Performance

SANUSDT

7 days-12.54%+0.03%USDT
30 days-3.99%-0.08%USDT

Correlation

0.63over 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	SAN	USDT
Max drawdown (400d)	-15.7%	-0.2%
Risk-adjusted return (90d)	-0.06	-0.03

Relative strength over 90 days: USDT outperformed SAN by 3.8% — measured on the SAN/USDT ratio, so it holds regardless of market direction.

Santiment Network →Tether →