Where the figures come from
Every number on the markets page is read from our own rollup table. Page requests never call a venue API, and no figure is aggregated at request time.
Markets methodology
How the live figures are collected, what they include, and what we refuse to estimate.
How often each source refreshes
Venues with a direct API are synced every five minutes and shown as live. Venues sourced through Dune are synced every thirty minutes and shown as delayed. Freshness is recorded per source, never as one stamp for the page.
Units are never mixed
Some venues report volume in US dollars and others in contracts. We never convert one into the other. A total that includes a venue reporting outside dollars is marked partial, and that venue is excluded from the dollar figure rather than estimated.
When a source fails
A venue whose sync fails stays in the list with a stale badge. Removing it silently would understate the totals without saying so.
Categories
Categories come from our own taxonomy, mapped from each venue's raw labels by an editor. Unmapped labels wait in a queue rather than being folded into a total.
Methodology notes
Where the figures come from
Six public Dune queries, pulled hourly into our own database.
Why the figures stop at yesterday
Every tile shows the last day all six sources had finished reporting.
What the numbers mean
Notional volume, open interest, unique users and transactions, in plain language.
What each metric covers, and what it misses
Users are on-chain only; Crypto.com reports no open interest.
The venues we count, and what Other holds
Seven lines on the page; Other groups the venues the source does not split out.