Pump.fun (PUMP) is 213.0× the size of SaucerSwap (SAUCE) by market capitalisation. Over the past 1 year, PUMP is ahead by 94.0 percentage points (SAUCE -82.3% against PUMP +11.7%). Their daily returns move loosely together (correlation 0.54 across 371 shared trading days). PUMP has been the more volatile of the two, at 127% annualised against SAUCE's 77%.
SAUCEPUMP
0.54over 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 | PUMP |
|---|---|---|
| Max drawdown (400d) | -83.4% | -83.1% |
| Risk-adjusted return (90d) | -0.30 | 0.55 |
| Best 30 days (past year) | +54.9% | +185.0% |
| Worst 30 days (past year) | -46.6% | -43.2% |
Relative strength over 90 days: PUMP outperformed SAUCE by 71.2% — measured on the SAUCE/PUMP ratio, so it holds regardless of market direction.