30-Day Total Return

This compares today's composite price with the composite price thirty days ago. It is the shortest window over which protocol-level changes, such as a fee parameter change or an emissions cut, can plausibly show up in price. It remains a price return and excludes staking rewards, airdrops, and fork distributions.

How it is computed

(price now / price 30 days ago - 1) x 100

Where it misleads

A thirty-day window very often contains exactly one discrete event, a cliff unlock, a major venue listing, or the launch of an incentive program, and the return then reports that event rather than any underlying trend. A rolling thirty days is not a calendar month and will not tie to any monthly report or index rebalance. For assets that added or lost a major venue during the window, part of the change is a coverage change rather than a price change. Staked positions accrue rewards over a month that this figure omits entirely.

The equity comparison, and why it fails

One-month total return; equity monthly returns are computed between official month-end closes and include dividends, whereas this uses a rolling continuous series and excludes staking issuance.

Reading a high or a low value

A positive figure means the price is above where it stood thirty days ago and a negative figure means below. Check whether a single dated event sits inside the window before reading it as a trend.