Tether vs Cronos

Tether (USDT) is 69.7× the size of Cronos (CRO) by market capitalisation. Over the past 30 days, USDT is ahead by 18.3 percentage points (USDT -0.1% against CRO -18.4%). Their daily returns move loosely together (correlation 0.44 across 60 shared trading days). CRO has been the more volatile of the two, at 87% annualised against USDT's 1%.

Correlation: 0.44
Size ratio: 69.7×
Ahead over 30 days: USDT

TetherUSDT

$0.998980

24h: -0.05%
Market cap: $177.57B
Volume 24h: $69.59B
Volatility (ann.): 1%

CronosCRO

$0.050206

24h: -3.98%
Market cap: $2.55B
Volume 24h: $7.38M
Volatility (ann.): 87%

USDT 98.6%Share of the two combined market caps1.4% CRO

Performance

USDTCRO

7 days+0.07%-5.11%USDT
30 days-0.09%-18.42%USDT

Correlation

0.44over 60 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.4990d: 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	USDT	CRO
Max drawdown (400d)	-0.2%	-30.5%
Risk-adjusted return (90d)	-0.05	0.02

Relative strength over 90 days: CRO outperformed USDT by 2.1% — measured on the USDT/CRO ratio, so it holds regardless of market direction.

Tether →Cronos →