Volume Rank
Overview
The Volume Rank indicator classifies the top perpetual swaps contracts, sorted by the aggregate dollar volume traded in the last 24-hours.
💡 How can I use it?
The Volume Rank metric is helpful to estimate the liquidity among top perpetual swaps contracts. In general, high volume tends to be a sign of high liquidity, which is positive for both traders and the market itself.
Traders may want to look at the contracts with highest volumes as these are more liquid and can therefore provide lower transaction costs to them. Additionally, they may want to see the percentage of volume concentrated among the top contracts to identify the leading exchanges by market share.
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