Test Liquid Staking vs Tether
Tether (USDT) is 109960.0× the size of Test Liquid Staking (TLS) by market capitalisation. TLS has been the more volatile of the two, at 97% annualised against USDT's 0%.
- Size ratio
- 1 : 109960.0
TLS 0.0%Share of the two combined market caps100.0% USDT
Performance
TLSUSDT
- 7 daysUSDT
- 30 days—
Risk & extremes
| Metric | TLS | USDT |
|---|---|---|
| Max drawdown (400d) | -36.4% | -0.1% |
| Risk-adjusted return (90d) | -0.32 | -0.12 |
Relative strength over 90 days: USDT outperformed TLS by 21.7% — measured on the TLS/USDT ratio, so it holds regardless of market direction.