Zcash (ZEC) CVD: spot vs perp net buying
ZEC cumulative volume delta (CVD): taker buys minus taker sells, in US dollars. The table shows ZEC's net taker flow over the last 1, 4 and 24 hours and 7 days on each exchange, spot and perpetual futures apart, and the chart shows spot and perp CVD over time.
Over the last 4 hours, ZEC spot was roughly balanced (+$128K) and perps were net sold (-$13.0M): only perps show a clear imbalance, to the sell side. Over 1h the read is spot buying, 24h the read is balanced and 7d the read is balanced. The largest 24h net flow came from Binance perp (+$16.0M). ZEC ranks #3 of 100 on the CVD screener by 24h volume ($3.12B across spot and perps).
Seven-day snapshot: 12 Nov 13:26 UTC.
ZEC net taker flow by exchange · spot vs perp
taker buys minus taker sells, USD| Exchange | Market | Net 1h | Net 4h | Net 24h | Net 7d | Buy % 24h | Vol 24h |
|---|---|---|---|---|---|---|---|
| Binance | Spot | +$508K | +$128K | -$3.02M | -$836K | 49.2% | $197.65M |
| Binance | Perp | -$1.11M | -$8.75M | +$16.03M | -$147.41M | 50.4% | $2.23B |
| Bybit | Perp | -$1.67M | -$478K | -$1.55M | -$60.55M | 49.8% | $388.50M |
| Hyperliquid | Perp | +$1.85M | -$3.72M | -$11.98M | -$158.76M | 48.1% | $307.65M |
| All exchanges | Spot | +$508K | +$128K | -$3.02M | -$836K | 49.2% | $197.65M |
| All exchanges | Perp | -$925K | -$12.95M | +$2.50M | -$366.71M | 50.0% | $2.92B |
ZEC CVD and taker flow
Spot vs perp, from range start · bars: net taker buysLoading chart…
Not recorded Chart: TradingView Lightweight Charts™
How to read it. Net taker flow is taker buys minus taker sells in US dollars: the change in ZEC's CVD over the window. A side counts as buying or selling when its net flow is at least 2% of its volume and $10K; Spot buying, perps selling and Perps buying, spot selling are the divergences. Price, funding and open interest are on the ZEC page. Refreshed every two minutes. Not financial advice.
Taker split from Binance, Bybit, Hyperliquid (1-minute bars recorded from their public feeds). Stablecoins and HIP-3 stock perps are left out.
Bybit caveat. Bybit's taker split is rebuilt from its public trade stream. A Bybit minute without a split (the first minute after a reconnect, or one the stream missed) counts as neutral in the 5-minute and hourly rollups these figures and the chart's longer ranges use; minutes recorded before that fix count as selling, so Bybit's older CVD can lean slightly negative.
ZEC CVD FAQ
What does ZEC CVD show?
Cumulative volume delta adds up taker buys minus taker sells. The figures here are the change in ZEC CVD over the last 1, 4 and 24 hours and 7 days (the net taker flow) on each exchange, split into spot and perpetual futures. The chart shows spot and perp CVD from the start of the chosen range, with net taker flow as bars below.
How is the verdict decided?
Each side (spot or perps) counts as buying or selling when its net flow over the window is at least 2% of the volume that carries a taker split and at least $10K; smaller imbalances count as balanced. The verdict is the 4-hour read, the same rule as the CVD screener. It describes what takers did, not what price will do next. Not financial advice.