Gitcoin seasonality: every month and weekday
Going by median return since 2021, Gitcoin's best month has been November (+15.7%, higher in 4 of 5 years) and its worst December (−26.6%, higher in 1 of 5). Across all 64 full months, it finished higher 39% of the time.
A handful of years per month is a small sample. The “by luck” column says how easily a record like that would turn up if the month were no different from any other.
By month
| Month | Years | Higher | Median | Average | Best | Worst | By luck |
|---|---|---|---|---|---|---|---|
| January | 5 | 1 of 5 | −18.3% | −10.6% | +48% (2023) | −42% (2022) | 65% |
| February | 5 | 2 of 5 | −7.3% | +6.7% | +60% (2024) | −23% (2025) | 100% |
| March | 5 | 2 of 5 | −12.5% | −6.9% | +20% (2024) | −31% (2025) | 100% |
| April | 5 | 2 of 5 | −10.0% | −14.3% | +21% (2026) | −48% (2024) | 100% |
| May | 5 | 2 of 5 | −19.5% | −7.3% | +25% (2024) | −23% (2022) | 100% |
| June | 5 | 0 of 5 | −14.6% | −19.0% | −8% (2025) | −31% (2026) | 16% |
| July | 6 | 3 of 6 | +0.3% | −1.2% | +17% (2025) | −21% (2024) | 68% |
| August | 6 | 3 of 6 | 0.0% | +4.0% | +64% (2021) | −33% (2022) | 68% |
| September | 6 | 3 of 6 | −5.0% | −7.9% | +16% (2026) | −41% (2021) | 68% |
| October | 6 | 2 of 6 | −0.1% | +21.5% | +140% (2026) | −29% (2025) | 100% |
| November | 5 | 4 of 5 | +15.7% | +36.4% | +103% (2021) | −16% (2025) | 8.0% |
| December | 5 | 1 of 5 | −26.6% | −15.7% | +24% (2023) | −31% (2024) | 65% |
By weekday
| Day (UTC) | Days | Higher | Median daily move | Average |
|---|---|---|---|---|
| Monday | 283 | 47% | −0.37% | −0.28% |
| Tuesday | 283 | 47% | −0.30% | −0.52% |
| Wednesday | 283 | 47% | −0.18% | +0.32% |
| Thursday | 283 | 43% | −0.66% | −0.14% |
| Friday | 284 | 53% | +0.44% | +0.36% |
| Saturday | 284 | 52% | +0.26% | +0.42% |
| Sunday | 283 | 45% | −0.46% | −0.03% |
A month's return runs from the open of its first daily candle to the close of its last (UTC). Only full months are counted. Daily moves are close to close.