WhiteBIT Coin vs Dai

WhiteBIT Coin (WBT) is 2.0× the size of Dai (DAI) by market capitalisation. Over the past 30 days, DAI is ahead by 6.8 percentage points (WBT -6.8% against DAI +0.0%). Their daily returns move barely in opposite directions (correlation -0.00 across 27 shared trading days). WBT has been the more volatile of the two, at 59% annualised against DAI's 1%.

Correlation: -0.00
Size ratio: 2.0×
Ahead over 30 days: DAI

WhiteBIT CoinWBT

$75.4100

24h: +1.85%
Market cap: $8.95B
Volume 24h: $132.16M
Volatility (ann.): 59%

DaiDAI

$1.0000

24h: -0.01%
Market cap: $4.51B
Volume 24h: $125.43M
Volatility (ann.): 1%

WBT 66.5%Share of the two combined market caps33.5% DAI

Performance

WBTDAI

7 days-3.75%+0.03%DAI
30 days-6.78%+0.00%DAI

Correlation

-0.00over 27 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0090d: 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	WBT	DAI
Max drawdown (400d)	-12.4%	-0.1%
Risk-adjusted return (90d)	0.62	0.03

Relative strength over 90 days: DAI outperformed WBT by 11.0% — measured on the WBT/DAI ratio, so it holds regardless of market direction.

WhiteBIT Coin →Dai →