Udin din din dun vs Tether

Tether (USDT) is 7446443.4× the size of Udin din din dun (UDIN) by market capitalisation. Over the past 30 days, USDT is ahead by 63.7 percentage points (UDIN -63.7% against USDT -0.0%). Their daily returns move loosely together (correlation 0.37 across 24 shared trading days). UDIN has been the more volatile of the two, at 198% annualised against USDT's 1%.

Correlation: 0.37
Size ratio: 1 : 7446443.4
Ahead over 30 days: USDT

Udin din din dunUDIN

$2.385e-5

24h: +4.64%
Market cap: $23,839
Volume 24h: $28
Volatility (ann.): 198%

TetherUSDT

$0.998963

24h: -0.04%
Market cap: $177.52B
Volume 24h: $61.96B
Volatility (ann.): 1%

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

Performance

UDINUSDT

7 days-13.20%+0.03%USDT
30 days-63.70%-0.04%USDT

Correlation

0.37over 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	UDIN	USDT
Max drawdown (400d)	-73.0%	-0.2%
Risk-adjusted return (90d)	-0.33	0.03

Relative strength over 90 days: USDT outperformed UDIN by 54.5% — measured on the UDIN/USDT ratio, so it holds regardless of market direction.

Udin din din dun →Tether →