Truebit Protocol (TRU) and Aethir (ATH) compared side by side. Over the past 30 days, TRU is ahead by 8.0 percentage points (TRU +16.6% against ATH +8.6%). Their daily returns move barely together (correlation 0.09 across 21 shared trading days). TRU has been the more volatile of the two, at 324% annualised against ATH's 149%.
TRUATH
0.09over 21 shared trading days
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.
| Metric | TRU | ATH |
|---|---|---|
| Max drawdown (400d) | -51.9% | -22.7% |
| Risk-adjusted return (90d) | 0.05 | 0.22 |
Relative strength over 90 days: ATH outperformed TRU by 1.9% — measured on the TRU/ATH ratio, so it holds regardless of market direction.