UpTop vs Aerodrome Finance

Aerodrome Finance (AERO) is 2926.9× the size of UpTop (UPTOP) by market capitalisation. Over the past 90 days, AERO is ahead by 19.6 percentage points (UPTOP +25.0% against AERO +44.6%). Their daily returns move barely together (correlation 0.08 across 49 shared trading days). UPTOP has been the more volatile of the two, at 157% annualised against AERO's 101%.

Correlation: 0.08
Size ratio: 1 : 2926.9
Ahead over 90 days: AERO

UpTopUPTOP

$7.642e-5

24h: —
Market cap: $76,420
Volume 24h: —
Volatility (ann.): 157%

Aerodrome FinanceAERO

$0.617100

24h: -2.07%
Market cap: $223.67M
Volume 24h: $28.16M
Volatility (ann.): 101%

UPTOP 0.0%Share of the two combined market caps100.0% AERO

Performance

UPTOPAERO

7 days-0.01%-9.63%UPTOP
30 days+0.34%-25.37%UPTOP
90 days+25.02%+44.60%AERO

Correlation

0.08over 49 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2190d: 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	UPTOP	AERO
Max drawdown (400d)	-96.2%	-36.4%
Risk-adjusted return (90d)	0.57	0.42

Relative strength over 90 days: AERO outperformed UPTOP by 40.6% — measured on the UPTOP/AERO ratio, so it holds regardless of market direction.

UpTop →Aerodrome Finance →