SolCex vs WhiteBIT Coin

WhiteBIT Coin (WBT) is 5481.1× the size of SolCex (SOLCEX) by market capitalisation. Over the past 30 days, WBT is ahead by 49.6 percentage points (SOLCEX -56.4% against WBT -6.8%). Their daily returns move barely together (correlation 0.21 across 30 shared trading days). SOLCEX has been the more volatile of the two, at 163% annualised against WBT's 59%.

Correlation: 0.21
Size ratio: 1 : 5481.1
Ahead over 30 days: WBT

SolCexSOLCEX

$0.001684

24h: -7.47%
Market cap: $1.68M
Volume 24h: $15,504
Volatility (ann.): 163%

WhiteBIT CoinWBT

$77.6300

24h: +4.13%
Market cap: $9.21B
Volume 24h: $191.64M
Volatility (ann.): 59%

SOLCEX 0.0%Share of the two combined market caps100.0% WBT

Performance

SOLCEXWBT

7 days-5.02%-3.75%WBT
30 days-56.37%-6.78%WBT

Correlation

0.21over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2190d: 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	SOLCEX	WBT
Max drawdown (400d)	-61.3%	-12.4%
Risk-adjusted return (90d)	-0.17	0.62

Relative strength over 90 days: WBT outperformed SOLCEX by 29.4% — measured on the SOLCEX/WBT ratio, so it holds regardless of market direction.

SolCex →WhiteBIT Coin →