STASIS EURO vs Tether

Tether (USDT) is 26753.6× the size of STASIS EURO (EURS) by market capitalisation. Over the past 30 days, USDT is ahead by 5.8 percentage points (EURS -5.9% against USDT -0.1%). Their daily returns move barely together (correlation 0.35 across 31 shared trading days). EURS has been the more volatile of the two, at 22% annualised against USDT's 1%.

Correlation: 0.35
Size ratio: 1 : 26753.6
Ahead over 30 days: USDT

STASIS EUROEURS

$1.1300

24h: +0.05%
Market cap: $6.66M
Volume 24h: $1,702
Volatility (ann.): 22%

TetherUSDT

$0.999060

24h: +0.04%
Market cap: $178.21B
Volume 24h: $54.74B
Volatility (ann.): 1%

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

Performance

EURSUSDT

7 days+0.00%+0.03%USDT
30 days-5.88%-0.08%USDT

Correlation

0.35over 31 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.3590d: 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	EURS	USDT
Max drawdown (400d)	-8.3%	-0.2%
Risk-adjusted return (90d)	-0.26	-0.03

Relative strength over 90 days: USDT outperformed EURS by 5.8% — measured on the EURS/USDT ratio, so it holds regardless of market direction.

STASIS EURO →Tether →