Swappi vs Pump.fun

Swappi (PPI) and Pump.fun (PUMP) compared side by side. Their daily returns move barely together (correlation 0.29 across 29 shared trading days). Both have run at a similar volatility, around 133% annualised.

Correlation: 0.29

SwappiPPI

$0.001012

24h: +0.04%
Market cap: —
Volume 24h: $178
Volatility (ann.): 140%

Pump.funPUMP

$0.004281

24h: -3.14%
Market cap: $1.96B
Volume 24h: $184.85M
Volatility (ann.): 127%

PPI 0.0%Share of the two combined market caps100.0% PUMP

Performance

PPIPUMP

7 days-3.89%-0.78%PUMP
30 days-5.42%-33.66%PPI
90 days—+79.58%—
1 year—+11.67%—

Correlation

0.29over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2990d: 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	PPI	PUMP
Max drawdown (400d)	-33.4%	-83.1%
Risk-adjusted return (90d)	-0.04	0.55
Best 30 days (past year)	—	+185.0%
Worst 30 days (past year)	—	-43.2%

Relative strength over 90 days: PPI outperformed PUMP by 27.4% — measured on the PPI/PUMP ratio, so it holds regardless of market direction.

Swappi →Pump.fun →