Crypto explainers, market basics and security guides · Updated weekly

Reading the markets

We do not publish price predictions. These pages explain the numbers you see on exchanges.

Market cap

Price multiplied by circulating supply. Useful for comparing size, misleading for tokens with large locked supplies.

Volume

How much was traded in a period. Very low volume means prices can move sharply on small orders.

Order book

The list of open buy and sell orders. The gap between the best bid and ask is the spread.

Volatility

Crypto prices can move tens of percent in a day. Size positions so that a large drop would not hurt you.