Definition

Volume provides an overview of the trading activity for futures and perpetual contracts of a cryptocurrency over the past day. It shows how much has been traded in both USD and the cryptocurrency itself, helping traders understand the level of market activity and liquidity.


Details

The Rolling 24-Hour Volume measures the total trading volume for futures and perpetual contracts of an underlying asset within the last 24 hours. This data is presented in millions of USD and in units of the underlying cryptocurrency. By analyzing this metric, traders and analysts can assess market activity and liquidity, gaining insights into trading intensity and potential market dynamics.


Availability

/Volumes

ExchangeStart Date (YYYY-MM-DD)Granularity
All Exchanges2022-01-01Hourly

Frequently Asked Questions

How does trading volume impact the liquidity and price movements in futures and perpetual markets?

  • Generally speaking, trading volume is a crucial indicator of market activity and liquidity. High trading volume in futures and perpetual markets typically signals strong interest and participation, which can lead to more stable prices and easier execution of trades. Conversely, low volume might indicate less liquidity, potentially resulting in larger price swings and increased slippage. Understanding the relationship between volume and market dynamics helps traders make informed decisions about entering or exiting positions.