WhiteBridge Network vs Virtuals Protocol

Virtuals Protocol (VIRTUAL) is 998.0× the size of WhiteBridge Network (WBAI) by market capitalisation. Over the past 1 year, VIRTUAL is ahead by 38.8 percentage points (WBAI -98.4% against VIRTUAL -59.6%). Their daily returns move barely together (correlation 0.08 across 359 shared trading days). WBAI has been the more volatile of the two, at 224% annualised against VIRTUAL's 119%.

Correlation: 0.08
Size ratio: 1 : 998.0
Ahead over 1 year: VIRTUAL

WhiteBridge NetworkWBAI

$0.000898

24h: -7.89%
Market cap: $394,853
Volume 24h: $38,824
Volatility (ann.): 224%

Virtuals ProtocolVIRTUAL

$0.602100

24h: +1.44%
Market cap: $394.07M
Volume 24h: $40.56M
Volatility (ann.): 119%

WBAI 0.1%Share of the two combined market caps99.9% VIRTUAL

Performance

WBAIVIRTUAL

7 days-25.28%-6.59%VIRTUAL
30 days-85.24%-30.05%VIRTUAL
90 days-44.90%+3.44%VIRTUAL
1 year-98.44%-59.61%VIRTUAL

Correlation

0.08over 359 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.5190d: 0.211y: 0.08

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	WBAI	VIRTUAL
Max drawdown (400d)	-98.5%	-71.7%
Risk-adjusted return (90d)	-0.13	0.04
Best 30 days (past year)	—	+47.4%
Worst 30 days (past year)	—	-54.7%

Relative strength over 90 days: VIRTUAL outperformed WBAI by 42.8% — measured on the WBAI/VIRTUAL ratio, so it holds regardless of market direction.

WhiteBridge Network →Virtuals Protocol →