YUSD Stablecoin vs Tether

Tether (USDT) is 15114.8× the size of YUSD Stablecoin (YUSD) by market capitalisation. Over the past 30 days, USDT is ahead by 0.2 percentage points (YUSD -0.2% against USDT -0.1%). Their daily returns move closely together (correlation 0.72 across 29 shared trading days). YUSD has been the more volatile of the two, at 12% annualised against USDT's 1%.

Correlation: 0.72
Size ratio: 1 : 15114.8
Ahead over 30 days: USDT

YUSD StablecoinYUSD

$0.995982

24h: -0.02%
Market cap: $11.79M
Volume 24h: $14
Volatility (ann.): 12%

TetherUSDT

$0.999278

24h: +0.02%
Market cap: $178.25B
Volume 24h: $62.50B
Volatility (ann.): 1%

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

Performance

YUSDUSDT

7 days-0.17%+0.03%USDT
30 days-0.25%-0.08%USDT

Correlation

0.72over 29 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.7290d: 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	YUSD	USDT
Max drawdown (400d)	-2.6%	-0.2%
Risk-adjusted return (90d)	-0.02	-0.03

Relative strength over 90 days: USDT outperformed YUSD by 0.1% — measured on the YUSD/USDT ratio, so it holds regardless of market direction.

YUSD Stablecoin →Tether →