ADA / LINK
Cardano and Chainlink correlation 0.69
Cardano and Chainlink correlation is 0.69 over 90 crypto closes, including weekends, ending 2026-10-23. They usually move the same way, with room for one to diverge.
- 90-close correlation
- 0.69
- 30-close correlation
- 0.69
- Observations
- 90
- As of
- 2026-10-23
- ADA vol
- 80.3%
- LINK vol
- 63.9%
- Calendar
- crypto closes, including weekends
- 30-close count
- 30
The 30-close correlation is 0.69, close to the 90-close print of 0.69. Both names trade seven days a week. The window includes weekends.
ADA 90-close vol is 80.3%. LINK is 63.9%. A 50/50 book of the two annualized vols would have realized about 66.4%, against 72.1% if you averaged the two vols with no diversification.
How to read this print
- Read the 90-close correlation for ADA and LINK.
- Compare it with the 30-close print to see if the pair tightened or broke.
- Use the two realized vols to judge whether a 50/50 mix actually diversifies.
- Open the correlation matrix if you want the whole book, not one pair.
FAQ
People also ask
0.69 over 90 crypto closes, including weekends, ending 2026-10-23. They usually move the same way, with room for one to diverge.
The 30-close correlation is 0.69, close to the 90-close print of 0.69.
Using the 90-close vols and this correlation, a 50/50 book would have realized about 66.4%. Compare that with holding either name alone.
This print uses crypto closes, including weekends and log-return correlation on the aligned window. A site that uses weekly returns, a different session calendar, or a longer sample will not match it. The method is on this page.
Related
Cardano volatility
90-close vol 80.3%.
Chainlink volatility
90-close vol 63.9%.
Correlation matrix
The full book, not just this pair.
Risk parity optimizer
Weights that stop the higher-vol name from owning the book.
Diversification ratio
How much of the standalone vol a mix actually cancels.
BTC and ADA
Another pair in the same universe.
BTC and LINK
Another pair in the same universe.
ETH and ADA
Another pair in the same universe.
ETH and LINK
Another pair in the same universe.
A correlation is not a hedge until you hold both.
This page is the market path. Thrive is the book you actually held, so you can see whether the hedge was real.