Jupiter (JUP) is 89.5× the size of SaucerSwap (SAUCE) by market capitalisation. Over the past 1 year, JUP is ahead by 51.0 percentage points (SAUCE -82.3% against JUP -31.3%). Their daily returns move loosely together (correlation 0.59 across 371 shared trading days). JUP has been the more volatile of the two, at 97% annualised against SAUCE's 77%.
SAUCEJUP
0.59over 371 shared trading days
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.
| Metric | SAUCE | JUP |
|---|---|---|
| Max drawdown (400d) | -83.4% | -70.9% |
| Risk-adjusted return (90d) | -0.30 | 0.29 |
| Best 30 days (past year) | +54.9% | +68.3% |
| Worst 30 days (past year) | -46.6% | -41.5% |
Relative strength over 90 days: JUP outperformed SAUCE by 31.9% — measured on the SAUCE/JUP ratio, so it holds regardless of market direction.