Wrapped STEAMX vs Wrapped BMX Liquidity Token

Wrapped STEAMX (WSTEAMX) and Wrapped BMX Liquidity Token (WBLT) compared side by side. Over the past 30 days, WSTEAMX is ahead by 5.9 percentage points (WSTEAMX -0.9% against WBLT -6.8%). Their daily returns move loosely together (correlation 0.43 across 25 shared trading days). WBLT has been the more volatile of the two, at 28% annualised against WSTEAMX's 10%.

Correlation: 0.43
Ahead over 30 days: WSTEAMX

Wrapped STEAMXWSTEAMX

$0.043045

24h: -0.04%
Market cap: —
Volume 24h: $543
Volatility (ann.): 10%

Wrapped BMX Liquidity TokenWBLT

$0.503618

24h: -4.96%
Market cap: $86,429
Volume 24h: $103
Volatility (ann.): 28%

WSTEAMX 0.0%Share of the two combined market caps100.0% WBLT

Performance

WSTEAMXWBLT

7 days-0.12%-4.27%WSTEAMX
30 days-0.91%-6.79%WSTEAMX

Correlation

0.43over 25 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4390d: 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	WSTEAMX	WBLT
Max drawdown (400d)	-1.9%	-7.7%
Risk-adjusted return (90d)	-0.09	-0.22

Relative strength over 90 days: WSTEAMX outperformed WBLT by 2.3% — measured on the WSTEAMX/WBLT ratio, so it holds regardless of market direction.

Wrapped STEAMX →Wrapped BMX Liquidity Token →