MTL$0.2687-11.14%Market Cap$25.73M
Circulating Supply93,397,746
Total Supply93,397,746
WebsiteWebsite
Explorersexplorer.metall2.com
MTL$0.2687-11.14%Open Interest-20.38%$8.26M
Futures Volume-76.36%$33.43M
Liquidation-65.95%$169.61K
Long Liquidation-47.18%$160.75K
Short Liquidation-95.15%$8.86K
MTL Long/Short All0.898
Binance Long/Short0.846
Bybit Long/Short1.031
Gate Long/Short1.052
BingX Long/Short0.975
Funding Rate
MTL OI-Weighted (1h)-0.2232%
Binance MTL/USDT (1h)-0.2266%
Bybit MTL/USDT (1h)-0.2349%
Gate MTL/USDT (1h)-0.1431%
KuCoin MTL/USDT (1h)-0.2060%
Futures volume · 1DTrading volume is the total value of futures contracts traded during a given period, counting every buy and sell that occurs. Learn more →$31.47M
vs 1D average-76.01%
Buy volume · 1D$15.03M
Sell volume · 1D$16.43M
MTL Volume Chart · Perpetual · Aggregated
Volume · per 1hup closedown close7-period averageMTL price
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View MTL liquidation heatmap →Where leveraged longs and shorts get liquidated · Binance, Bybit, OKX, Hyperliquid and more
Exchange MTL Volume
- Binance$21.02M
- Bybit$7.04M
- Gate$1.59M
- BingX$1.56M
- Bitget$1.51M
- KuCoin$386.70K
- MEXC$273.58K
- Aster$51.94K
| Exchanges | Volume 24h | Change 24h% | Share | |
|---|---|---|---|---|
| ΣAll Exchanges | $33.43M | -76.36% | — | |
| BBinance | $21.02M | -78.82% | 62.9% | Trade |
| BBybit | $7.04M | -77.95% | 21.1% | Trade |
| GGate | $1.59M | -65.55% | 4.8% | Trade |
| BBingX | $1.56M | -28.17% | 4.7% | |
| BBitget | $1.51M | +40.85% | 4.5% | Trade |
| KKuCoin | $386.70K | -52.71% | 1.2% | Trade |
| MMEXC | $273.58K | -82.76% | 0.8% | Trade |
| AAster | $51.94K | — | 0.2% |
Trading volume per exchange in the selected window (1h, 4h, 12h or 24h) with share of the combined total and window-over-window change at closed-hour boundaries. Heatmap area is proportional to volume. Live candles update about every 10 seconds; intraday figures are finalized nightly.
MTL futures traded $33.43M across all tracked exchanges over the past 24 hours — volume has dropped 76.36% versus the prior day. With open interest at $8.26M, that volume equals roughly 4.0× the value of positions currently open. Over the most recent 4-hour window, volume is running above the prior window by 5.62%. Learn more about how trading volume works →
See the futures volume heatmap → · See which coins just broke their 30-day volume norm
About MTL futures volume
This page measures trading activity in Metal DAO (MTL) perpetual futures: 24-hour volume by exchange, volume history by timeframe charted against price, and how the current pace compares with the prior period.
Volume counts both sides of every trade across the tracked derivatives exchanges, excludes venues reporting no data, and refreshes continuously — a companion gauge to open interest, which measures positions held rather than traded.
Frequently asked questions
How much MTL futures volume traded in the past 24 hours?
MTL perpetual futures turned over $33.43M across all tracked exchanges in the past 24 hours, down 76.36% on the prior day.
Which exchange trades the most MTL futures volume?
Binance leads 24-hour MTL futures turnover at $21.02M — about 63% of the $33.43M total. The table below ranks every venue.
Is MTL volume high relative to open interest?
MTL traded about 4.0× its open interest in the past 24 hours — $33.43M in volume against $8.26M of open positions. A higher multiple means exposure is being traded rather than held.
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