DEXTAPE GUIDES
How to read a crypto market table
Price is only one column. Supply, volume, and market value provide the rest of the context.
What you’ll learn · Beginner
- Price and market cap
- Changes over time
- Volume is not liquidity
Price and market cap
Market capitalization is price multiplied by circulating supply. It measures an implied valuation, not the amount of money that has entered an asset. Two assets with very different token prices can have similar market values.
Changes over time
A 24-hour change is relative to an earlier observation, not necessarily a calendar-day open. Different providers can use different aggregation rules. Compare timestamps before interpreting a discrepancy.
Volume is not liquidity
Trading volume measures turnover over a period. Liquidity concerns the price impact of an order and the available depth around it. A high volume figure does not guarantee that a large order will execute near the displayed price.
Supply matters
Circulating, total, and maximum supply describe different quantities. Fully diluted valuation applies the current price to a broader supply measure and should not be treated as a forecast.
Sources
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