Volume per 24h
Daily spot trading volume in US$, across CEX and DEX. Key liquidity metric for large trades.
24h Trading Volume.
This metric shows how many US$ were traded within 24 hours across all pairs on centralized and decentralized exchanges.
This refers to spot volume, meaning actual crypto purchases, as opposed to derivatives volume, which mirrors the price without real asset purchases.
A high volume indicates high liquidity, meaning large trades can be executed without significantly moving the price. This feature is highly valued by whale investors.
It is observed that volumes are significantly higher on Asian platforms compared to other continents.
Low volume is a sign of market disinterest, increases the risk of price manipulation, and sometimes motivates exchanges to delist the token.
Source: coingecko.com