Vai vs Tether

Tether (USDT) is 72092.0× the size of Vai (VAI) by market capitalisation. Over the past 30 days, VAI is ahead by 0.1 percentage points (VAI +0.0% against USDT -0.1%). Their daily returns move barely in opposite directions (correlation -0.32 across 30 shared trading days). VAI has been the more volatile of the two, at 2% annualised against USDT's 1%.

Correlation: -0.32
Size ratio: 1 : 72092.0
Ahead over 30 days: VAI

VaiVAI

$0.995577

24h: -0.10%
Market cap: $2.47M
Volume 24h: $38
Volatility (ann.): 2%

TetherUSDT

$0.999003

24h: +0.03%
Market cap: $178.19B
Volume 24h: $48.44B
Volatility (ann.): 1%

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

Performance

VAIUSDT

7 days+0.00%+0.03%USDT
30 days+0.04%-0.08%VAI

Correlation

-0.32over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.3290d: 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	VAI	USDT
Max drawdown (400d)	-0.6%	-0.2%
Risk-adjusted return (90d)	-0.05	-0.03

Relative strength over 90 days: USDT outperformed VAI by 0.0% — measured on the VAI/USDT ratio, so it holds regardless of market direction.

Vai →Tether →