XFee vs Tether

Tether (USDT) is 75637.9× the size of XFee (XFEE) by market capitalisation. Over the past 30 days, XFEE is ahead by 105.1 percentage points (XFEE +105.0% against USDT -0.1%). Their daily returns move loosely in opposite directions (correlation -0.49 across 30 shared trading days). XFEE has been the more volatile of the two, at 430% annualised against USDT's 1%.

Correlation: -0.49
Size ratio: 1 : 75637.9
Ahead over 30 days: XFEE

XFeeXFEE

$25.5200

24h: +6.28%
Market cap: $2.36M
Volume 24h: $209,966
Volatility (ann.): 430%

TetherUSDT

$0.999061

24h: +0.04%
Market cap: $178.21B
Volume 24h: $49.47B
Volatility (ann.): 1%

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

Performance

XFEEUSDT

7 days+22.77%+0.03%XFEE
30 days+105.03%-0.08%XFEE

Correlation

-0.49over 30 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.4990d: 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	XFEE	USDT
Max drawdown (400d)	-57.7%	-0.2%
Risk-adjusted return (90d)	0.05	-0.03

Relative strength over 90 days: XFEE outperformed USDT by 22.8% — measured on the XFEE/USDT ratio, so it holds regardless of market direction.

XFee →Tether →