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We present several measures of the dynamic coherence of channels and investigate their properties. 

We present a genuine coherence measure based on a quasi-relative entropy as a difference between quasientropies of the dephased and the original states. The measure satisfies non-negativity and monotonicity under genuine incoherent operations (GIO). It is strongly monotone under GIO in two- and three-dimensions, or for pure states in any dimension, making it a genuine coherence monotone. We provide a bound on the error term in the monotonicity relation in terms of the trace distance between the original and the dephased states. Moreover, the lower bound on the coherence measure can also be calculated in terms of this trace distance. 

Several ways have been proposed in the literature to define a coherence measure based on Tsallis relative entropy. One of them is defined as a distance between a state and a set of incoherent states with Tsallis relative entropy taken as a distance measure. Unfortunately, this measure does not satisfy the required strong monotonicity, but a modification of this coherence has been proposed that does. We introduce three new Tsallis coherence measures coming from a more general definition that also satisfy the strong monotonicity, and compare all five definitions between each other. Using three coherence measures that we discuss, one can also define a discord. Two of these have been used in the literature, and another one is new. We also discuss two correlation measures based on Tsallis relative entropy. We provide explicit expressions for all three discord and two correlation measure on pure states. Lastly, we provide tight upper and lower bounds on two discord and correlations measures on any quantum state, with the condition for equality.