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Indicators/Turnover Ratio
Market · Liquidity Updated daily · 00:00 UTC

Turnover Ratio.

Daily trading volume as a percentage of market cap. Thin tape, normal, or climax — at a glance.
Mode
Smart DCA ▾
Asset
τ TAO▾
Backtest
1 year▾
Buy zone ≤ Buy zone When the indicator drops to or below this threshold, the strategy doubles its weekly buy (Smart-DCA) or opens a long (Trade). It's the "cheap" regime — time to accumulate.
%
Trim zone ≥Sell zone ≥ Trim zoneSell zone When the indicator climbs to or above this, the strategy skips the weekly buy and trims 5% of the stack. Stretched regime. When the indicator climbs to or above this, the strategy exits to cash. Distribution regime.
%
Compare with
— ▾
Signal
Set alert
Smart-DCA edge Trade P&L — —
— more coins vs Flat DCA cumulative return
Capital saved Alpha vs hold — —
less capital required per coin outperformance vs Buy & Hold
Activations Time in market — —
— signals in — weeks —% in cash
Price Turnover —
τao/minal
COMPUTING
τao/minal · onchain · daily aggregates
Allocation rule Now — · in — zone
0 — — —
Buy
When turnover ≤ lower threshold → deploy 2× weekly budget (dry liquidity, accumulation easier at depressed bids).
Hold
When lower < turnover < upper → deploy 1× weekly budget (baseline DCA).
Trim Sell
When turnover ≥ upper threshold → skip buy and trim 5% (climax flow — distribution or panic risk).
Price — Latest close
Turnover — vol ÷ mcap
Rolling avg — 30-day mean
24h volume — USD traded today
Market cap — Circulating
Alpha vs Hold — Strategy − hold
> 10%
Climax volume in play.

More than 10% of market cap traded today. Tops and bottoms both can come on climax volume — pair with a directional indicator (Mayer, Z-Score) to read which side it's capping.

< 2%
Thin tape conditions.

Sub-2% turnover means moves are unreliable — small flows move price disproportionately. Wait for liquidity to thicken before sizing.

How to read it
The most basic liquidity-quality read. Daily volume divided by market cap tells you what fraction of the whole supply changed hands today. Healthy markets sit in a comfortable band; extreme readings on either side warn of conditions worth attention.

Below 2% the tape is thin — moves are driven by a handful of orders and reversals are common. Above 10% the tape is climactic — either panic distribution or news-driven euphoria, and either can mark a local turning point.

Smaller assets typically run hotter simply because they're smaller. Their natural turnover band is often 5–20% rather than 2–10%. The threshold cells let you re-calibrate per asset.

The ratio line on the chart is shaded magenta in proportion to its distance from the midpoint, so unusual liquidity stands out visually before you read the number.

Backtest: long-only on cross of the lower threshold (re-entering thin-tape periods), cash on cross of the upper (climax exit). Practical use is as a confirmation filter alongside a directional indicator, not as a standalone signal.