Float SV is a digital asset exchange that only supports tokenized real assets. The platform delivers a real asset exchange experience by committing to only list blockchains running Proof of Work SHA256 and real assets such as commodities and currencies.
Float SV's mission is to provide reliable trading experience and access to deep asset liquidity. Float SV is built by believers and practitioners of proof of work.
Float SV has a reported 24h volume of $347 987 with an Estimated Real Volume of $334 584 It is a Centralized Exchange
that offers 10 currencies and has a 51.91% Confidence Score based on our Algorithms.
Market depth is a metric, which is showing the real liquidity of the markets. Due to rampant wash-trading and fake activity - volume currently isn't the most reliable indicator in the crypto space.
What is it measuring?
It's measuring 1% or 10% section of the order book from the midpoint price (1%/10% of the buy orders, and 1%/10% of the sell orders).
Why it is important to use only 1% or 10%?
It's important, because measurement of the whole order book is going to give false results due to extreme values, which can make false illusion of liquidity for a given market.
How to use it?
By default Market depth is showing the most liquid markets sorted by Combined Orders (which is a sum of buy and sell orders). This way it provides the most interesting information already. Left (green) side of the market depth bar is showing how many buy orders are open, and right (red) side of the bar is showing how many sell orders are open (both can be recalculated to BTC, ETH or any fiat we have available on the site).
*** Volume Excluded - no fresh data from exchange API
Confidence score is our new formula, which is evaluating exchanges, on three principal matters:
Liquidity (75% weight)
Web Traffic (20% weight)
Regulations (5% weight)
Each of these have appropriate weights, which are calculated into proper score.
Liquidity to Volume ratio (CO/Vol based) on this market is good, and volume seems to be accurately represented.
Liquidity to Volume ratio (CO/Vol based) on this market is average, reported volume by exchange can be higher, than it is in reality.
Liquidity to Volume ratio (CO/Vol based) on this market is bad, there is high probability that volume is inflated (e.g. wash-trading), or market isn't liquid enough (low volume exchange).
There is no data, available regarding this market.