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ZEC$1,195+12.5%ZEC/BTC0.01496MCAP$20.23B24H VOL$1.72BBLOCK3,481,175HASHRATE27.00 GSol/sSHIELDED28.9%MEMPOOL-16 txLAST BLOCK26s agoZEC$1,195+12.5%ZEC/BTC0.01496MCAP$20.23B24H VOL$1.72BBLOCK3,481,175HASHRATE27.00 GSol/sSHIELDED28.9%MEMPOOL-16 txLAST BLOCK26s ago

Leverage Ratio — OI ÷ Market CapZecScope original

How much of the network's value is mirrored in leveraged positions.

ZECSCOPE
How it is computed

ZEC open interest ÷ ZEC market cap, in percent, with the same ratio for BTC.

How to read it

ZEC leverage ratio spiking above BTC's during rallies has preceded sharp mean reversions. It is a crowding gauge.

Get the data
GET /api/v1/charts/oi-to-mcap
GET /api/v1/charts/oi-to-mcap?format=csv
API reference →
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