Perpetual Volume — ZEC vs BTC
Trailing 24-hour notional traded on the perpetual markets.
▍How it is computed
Sum of tracked venues' 24h perp volume in USD, on a shared log axis so the size gap stays visible.
▍How to read it
Perp volume routinely exceeds spot volume on the same day. When ZEC's perp volume approaches 10% of BTC's, the derivatives crowd has arrived.
▍Get the data
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