Spiral vs Tether
Tether (USDT) is 3006025.5× the size of Spiral (SPIRAL) by market capitalisation. SPIRAL has been the more volatile of the two, at 49% annualised against USDT's 1%.
- Size ratio
- 1 : 3006025.5
Tether (USDT) is 3006025.5× the size of Spiral (SPIRAL) by market capitalisation. SPIRAL has been the more volatile of the two, at 49% annualised against USDT's 1%.
SPIRALUSDT
| Metric | SPIRAL | USDT |
|---|---|---|
| Max drawdown (400d) | -22.5% | -0.2% |
| Risk-adjusted return (90d) | -0.46 | -0.03 |
Relative strength over 90 days: USDT outperformed SPIRAL by 14.2% — measured on the SPIRAL/USDT ratio, so it holds regardless of market direction.