YfDAI.finance vs Bitway

Bitway (BTW) is 43479.2× the size of YfDAI.finance (YF-DAI) by market capitalisation. Over the past 30 days, BTW is ahead by 87.5 percentage points (YF-DAI -19.1% against BTW +68.4%). Their daily returns move barely together (correlation 0.04 across 23 shared trading days). BTW has been the more volatile of the two, at 359% annualised against YF-DAI's 125%.

Correlation: 0.04
Size ratio: 1 : 43479.2
Ahead over 30 days: BTW

YfDAI.financeYF-DAI

$1.9200

24h: —
Market cap: $39,587
Volume 24h: $69
Volatility (ann.): 125%

BitwayBTW

$1.1400

24h: +10.73%
Market cap: $1.72B
Volume 24h: $7.24M
Volatility (ann.): 359%

YF-DAI 0.0%Share of the two combined market caps100.0% BTW

Performance

YF-DAIBTW

7 days-0.15%-31.25%YF-DAI
30 days-19.09%+68.43%BTW

Correlation

0.04over 23 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: 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	YF-DAI	BTW
Max drawdown (400d)	-25.9%	-60.7%
Risk-adjusted return (90d)	-0.18	0.54

Relative strength over 90 days: YF-DAI outperformed BTW by 35.5% — measured on the YF-DAI/BTW ratio, so it holds regardless of market direction.

YfDAI.finance →Bitway →