TASS HUB vs Tether

Tether (USDT) is 818046.2× the size of TASS HUB (TASSHUB) by market capitalisation. Over the past 30 days, USDT is ahead by 58.4 percentage points (TASSHUB -58.5% against USDT -0.1%). Their daily returns move barely in opposite directions (correlation -0.21 across 23 shared trading days). TASSHUB has been the more volatile of the two, at 103% annualised against USDT's 1%.

Correlation: -0.21
Size ratio: 1 : 818046.2
Ahead over 30 days: USDT

TASS HUBTASSHUB

$0.000218

24h: -1.24%
Market cap: $217,827
Volume 24h: $77
Volatility (ann.): 103%

TetherUSDT

$0.998961

24h: +0.03%
Market cap: $178.19B
Volume 24h: $49.81B
Volatility (ann.): 1%

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

Performance

TASSHUBUSDT

7 days-28.50%+0.03%USDT
30 days-58.50%-0.08%USDT

Correlation

-0.21over 23 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	TASSHUB	USDT
Max drawdown (400d)	-58.5%	-0.2%
Risk-adjusted return (90d)	-0.54	-0.03

Relative strength over 90 days: USDT outperformed TASSHUB by 41.4% — measured on the TASSHUB/USDT ratio, so it holds regardless of market direction.

TASS HUB →Tether →