Understanding Volume / Market Cap
The Volume to Market Cap ratio measures trading liquidity and market health — are people actively trading this asset?
What is Volume / MCap?
This ratio divides 24-hour trading volume by market capitalization. It shows what percentage of a coin's total value is being traded daily. A healthy range is typically 2-15% — enough liquidity without excessive speculation.
Why It Matters
Very low volume relative to market cap means poor liquidity — hard to buy or sell without moving the price. Extremely high volume might indicate wash trading or unsustainable speculation.
How We Use It
Volume health carries 4% of the Value Score. We look for a sustainable trading range rather than extremes in either direction. Together with NVT and Network Activity — which read the same volume-to-market-cap relationship — this group is capped at 12%.
2-15%
Healthy Liquidity
< 0.5%
Poor Liquidity / Risk
Current Top 5 Coins by Volume / MCap
How our algorithm currently scores the leading crypto assets on the "Volume / MCap" component. Higher = stronger undervaluation signal on this single dimension.
Worked Example
Ethereum (ETH) leads with a Volume / MCap value of 80/100. On this single dimension, Ethereum currently shows a clear undervaluation signal. Click Ethereum above to see the full score breakdown across all 10 metrics.