Vol/Mkt Cap (24h)

Vol/Mkt Cap — short for Volume-to-Market Capitalization ratio — is a key indicator that compares a cryptocurrency’s trading volume over the past 24 hours to its current market capitalization. It shows how actively a coin or token is being traded relative to its total market value.

What is Vol/Mkt Cap?

Vol/Mkt Cap — short for Volume-to-Market Capitalization ratio — is a key indicator that compares a cryptocurrency’s trading volume over the past 24 hours to its current market capitalization. It shows how actively a coin or token is being traded relative to its total market value.

This metric is calculated using the formula:

Vol/Mkt Cap (24h) = 24h Trading Volume ÷ Market Capitalization

A higher Vol/Mkt Cap ratio suggests strong market activity, liquidity, and trader interest, indicating that the asset is frequently bought and sold. Conversely, a low ratio may signal limited trading activity, low liquidity, or weaker investor engagement.

For traders, this ratio is important because it helps identify coins with high liquidity and momentum, which are easier to enter and exit without large price slippage. It can also be used to spot hype-driven movements — when trading volumes surge disproportionately compared to market cap, often signaling short-term volatility or speculative activity.

Overall, Vol/Mkt Cap (24h) is an essential metric for assessing a crypto asset’s liquidity, investor sentiment, and potential risk-reward profile in the short term.