OpenGradient (OPG) is 56.1× the size of Sentio Token (ST) by market capitalisation. Their daily returns move barely together (correlation 0.12 across 38 shared trading days). OPG has been the more volatile of the two, at 156% annualised against ST's 63%.
STOPG
0.12over 38 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 | ST | OPG |
|---|---|---|
| Max drawdown (400d) | -29.6% | -71.5% |
| Risk-adjusted return (90d) | -0.40 | 0.39 |
Relative strength over 90 days: OPG outperformed ST by 38.1% — measured on the ST/OPG ratio, so it holds regardless of market direction.