OKB (OKB) is 81.7× the size of XT.com (XT) by market capitalisation. Over the past 30 days, XT is ahead by 1.5 percentage points (XT -3.2% against OKB -4.7%). Their daily returns move closely together (correlation 0.80 across 42 shared trading days). OKB has been the more volatile of the two, at 53% annualised against XT's 46%.
XTOKB
0.80over 42 shared trading days
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.
| Metric | XT | OKB |
|---|---|---|
| Max drawdown (400d) | -14.7% | -12.2% |
| Risk-adjusted return (90d) | -0.04 | 0.06 |
Relative strength over 90 days: XT outperformed OKB by 3.7% — measured on the XT/OKB ratio, so it holds regardless of market direction.