Derivatives volume map, and what breadth is telling you
Where the derivatives volume actually sat over the last 24 hours.
Top USDT-M perps by turnover: 1. BTCUSDT $3.05B 24h -1.84% 2. ETHUSDT $1.93B 24h -1.42% 3. SOLUSDT $513.18M 24h -4.54% 4. XRPUSDT $417.16M 24h -5.14% 5. ZECUSDT $338.25M 24h -7.34%
Breadth: 77 symbols cleared $5M+ of 24h volume out of 762 listed. Widest gainer 龙虾USDT +32.82%, widest loser PROMUSDT -21.70%. Total crypto market cap $2,664.99B, -4.39% on the day, BTC dominance 59.2%. Fear & Greed 65 (Greed).
How to read breadth: when the liquid set is narrow and dominance is rising, alt perps are thin — spreads widen, slippage on market orders grows, and the fee-plus-slippage cost of a round trip can quietly double. That is a liquidity regime, and it should change your order type long before it changes your direction.
Tools & fee-tier checklist: https://partner.bitget.com/bg/jadck3ff
Get 20% fee rebate on Bitget →20% of your trading fees back, on every product. The rebate comes out of the commission I would otherwise receive, so it costs you nothing. Affiliate link — see the footer.