Unstable FOMO vs Tether

Tether (USDT) is 72851825.0× the size of Unstable FOMO (USDUF) by market capitalisation. Over the past 30 days, USDT is ahead by 18.8 percentage points (USDUF -18.8% against USDT -0.0%). Their daily returns move loosely together (correlation 0.38 across 20 shared trading days). USDUF has been the more volatile of the two, at 40% annualised against USDT's 1%.

Correlation: 0.38
Size ratio: 1 : 72851825.0
Ahead over 30 days: USDT

Unstable FOMOUSDUF

$2.510e-6

24h: +4.72%
Market cap: $2,447
Volume 24h: $4
Volatility (ann.): 40%

TetherUSDT

$0.999405

24h: +0.05%
Market cap: $178.27B
Volume 24h: $63.70B
Volatility (ann.): 1%

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

Performance

USDUFUSDT

7 days-7.15%+0.03%USDT
30 days-18.82%-0.04%USDT

Correlation

0.38over 20 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	USDUF	USDT
Max drawdown (400d)	-24.4%	-0.2%
Risk-adjusted return (90d)	-0.47	0.03

Relative strength over 90 days: USDT outperformed USDUF by 18.4% — measured on the USDUF/USDT ratio, so it holds regardless of market direction.

Unstable FOMO →Tether →