Secure Legion vs Tether

Tether (USDT) is 10968709.5× the size of Secure Legion (SECURE) by market capitalisation. Over the past 30 days, USDT is ahead by 54.2 percentage points (SECURE -54.2% against USDT -0.0%). Their daily returns move barely together (correlation 0.16 across 24 shared trading days). SECURE has been the more volatile of the two, at 362% annualised against USDT's 1%.

Correlation: 0.16
Size ratio: 1 : 10968709.5
Ahead over 30 days: USDT

Secure LegionSECURE

$1.231e-5

24h: +0.17%
Market cap: $16,185
Volume 24h: $194
Volatility (ann.): 362%

TetherUSDT

$0.999036

24h: -0.03%
Market cap: $177.53B
Volume 24h: $62.67B
Volatility (ann.): 1%

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

Performance

SECUREUSDT

7 days-19.03%+0.03%USDT
30 days-54.19%-0.04%USDT

Correlation

0.16over 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	SECURE	USDT
Max drawdown (400d)	-65.6%	-0.2%
Risk-adjusted return (90d)	-0.16	0.03

Relative strength over 90 days: USDT outperformed SECURE by 51.0% — measured on the SECURE/USDT ratio, so it holds regardless of market direction.

Secure Legion →Tether →