Derivatives/Spot
Ratio of derivatives to spot volume, highlights speculative dominance.
Compare the volume of derivatives (options, futures, perpetuals) to the spot volume.
Spot refers to actual crypto trades, while derivatives replicate its price without asset transfer.
A high ratio shows that activity is focused primarily on speculative betting rather than actual purchases. This attracts short-term traders but may be a concern for long-term investors. Useful for identifying projects where the “real” market is weak but speculation dominates.
Source: coingecko.com
This metric is part of the Liquidity category