Trust Wallet (TWT) is 249.8× the size of Solvex Network (SOLVEX) by market capitalisation. Over the past 1 year, SOLVEX is ahead by 31.4 percentage points (SOLVEX -34.1% against TWT -65.5%). Their daily returns move barely together (correlation 0.19 across 363 shared trading days). Both have run at a similar volatility, around 75% annualised.
SOLVEXTWT
0.19over 363 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 | SOLVEX | TWT |
|---|---|---|
| Max drawdown (400d) | -47.6% | -79.8% |
| Risk-adjusted return (90d) | 0.03 | 0.09 |
| Best 30 days (past year) | — | +70.1% |
| Worst 30 days (past year) | — | -46.8% |
Relative strength over 90 days: TWT outperformed SOLVEX by 37.0% — measured on the SOLVEX/TWT ratio, so it holds regardless of market direction.