Chart
Last updated
Last updated
Decentrex offers two types of chart displays: a default candlestick chart and an integrated TradingView chart. The candlestick chart provides a visual representation of an asset's price movements over various timeframes. You can switch between timeframes such as 15 minutes, 1 hour, 1 day, 1 week, 1 quarter and 1 year, by selecting the desired option.
If you prefer to use a TradingView chart, you can switch to this view by clicking the "Switch to TradingView" button above the chart. This feature offers advanced charting tools and additional customization options. This data comes from Coinbase or other exchanges, so it may not be in sync with current Synthetix prices.
Above the chart, you will find several important data points that provide a snapshot of the current market conditions for the selected asset. These include:
Index Price: The index price represents the current fair market price of the underlying asset, derived from multiple exchanges. This price serves as a reference point for the perpetual futures contracts.
Mark Price: The mark price is the price used to determine unrealized PNL (profit and loss) and liquidations for open positions.
24H Change: The 24-hour price change shows the percentage change in the mark price of the asset over the past 24 hours. This metric provides a quick overview of the asset's recent performance and helps identify potential trends.
24H Volume: The 24-hour trading volume represents the total value of all trades executed on Synthetix perps v2 contracts for the selected asset during the past 24 hours. This metric indicates the liquidity and trading activity for a particular asset.
24H Trades: The 24-hour trades display the total number of trades executed on Synthetix perps v2 contracts for the selected asset during the past 24 hours. This information provides insight into the overall market interest and trading activity for the asset.
Open Interest: Total open interest refers to the cumulative value of all open positions in the selected asset on Synthetix perps v2 contracts. This metric provides an indication of the market's overall exposure and interest in a specific asset.
Funding Rate: The current funding rate is the periodic payment exchanged between long and short positions holders in a perpetual futures contract. This rate ensures that the mark price remains close to the index price over time. A positive funding rate means that long position holders pay short position holders, while a negative funding rate means that short position holders pay long position holders.
