Correlation Matrix · Pair drill-down

aUSDC × OUSG

Aave V3 USDC vs Ondo Short-Term US Government. Daily-return scatter, 90-day rolling Pearson, multi-timeframe values, 95% CI.

30d Pearson

-0.523

n=30 · CI [-0.74, -0.20]

90d Pearson

-0.281

n=90 · CI [-0.46, -0.08]

180d Pearson

-0.301

n=180 · CI [-0.43, -0.16]

365d Pearson

-0.252

n=364 · CI [-0.35, -0.15]

Over the past 90 days, returns on aUSDC and OUSG show weak correlation (-0.28). The 95% confidence interval excludes zero, so the relationship is statistically distinguishable from no correlation.

Daily-return scatter

364 daily observations · last 365d

90-day rolling Pearson correlation

Rolling 90d Pearson · 275 windowed observations

aUSDC

NameAave V3 USDC

TierT3 — Secured DeFi

Categorystablecoins

Observations365

First date2025-05-05

View aUSDC rating →

OUSG

NameOndo Short-Term US Government

TierT2 — Treasury & fiat

Categorytokenized-treasuries

Observations365

First date2025-05-05

View OUSG rating →

How to read this

Scatter: each dot is one trading day. Tight diagonal cluster = high correlation. Cloud = no relationship.

Rolling correlation: 90-day window slid across the full series. Flat near zero = stable independence. Wandering = regime-dependent.

Confidence interval: if the 95% CI for Pearson includes zero, the correlation is not statistically distinguishable from chance.

Refreshed 2026-05-04 · CoinGecko market_chart