TrustFi Network vs Tether

Tether (USDT) is 758243.0× the size of TrustFi Network (TFI) by market capitalisation. Over the past 30 days, USDT is ahead by 12.6 percentage points (TFI -12.6% against USDT -0.0%). Their daily returns move barely together (correlation 0.33 across 24 shared trading days). TFI has been the more volatile of the two, at 38% annualised against USDT's 1%.

Correlation: 0.33
Size ratio: 1 : 758243.0
Ahead over 30 days: USDT

TrustFi NetworkTFI

$0.002372

24h: +2.89%
Market cap: $234,229
Volume 24h: $247
Volatility (ann.): 38%

TetherUSDT

$0.999471

24h: +0.04%
Market cap: $177.60B
Volume 24h: $55.08B
Volatility (ann.): 1%

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

Performance

TFIUSDT

7 days-5.11%+0.03%USDT
30 days-12.59%-0.04%USDT

Correlation

0.33over 24 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	TFI	USDT
Max drawdown (400d)	-15.8%	-0.2%
Risk-adjusted return (90d)	-0.29	0.03

Relative strength over 90 days: USDT outperformed TFI by 7.1% — measured on the TFI/USDT ratio, so it holds regardless of market direction.

TrustFi Network →Tether →