Solstice eUSX vs Tether

Solstice eUSX (EUSX) and Tether (USDT) compared side by side. Over the past 30 days, EUSX is ahead by 0.6 percentage points (EUSX +0.5% against USDT -0.1%). Their daily returns move barely in opposite directions (correlation -0.00 across 20 shared trading days). EUSX has been the more volatile of the two, at 1% annualised against USDT's 1%.

Correlation: -0.00
Ahead over 30 days: EUSX

Solstice eUSXEUSX

$1.0500

24h: +0.04%
Market cap: —
Volume 24h: $9,352
Volatility (ann.): 1%

TetherUSDT

$0.998974

24h: -0.04%
Market cap: $177.56B
Volume 24h: $67.70B
Volatility (ann.): 1%

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

Performance

EUSXUSDT

7 days+0.10%+0.07%EUSX
30 days+0.48%-0.09%EUSX

Correlation

-0.00over 20 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	EUSX	USDT
Max drawdown (400d)	-0.1%	-0.2%
Risk-adjusted return (90d)	0.41	-0.05

Relative strength over 90 days: EUSX outperformed USDT by 0.4% — measured on the EUSX/USDT ratio, so it holds regardless of market direction.

Solstice eUSX →Tether →