Coin and market: COIN and TOTAL

Most indicators come in two versions.

1. COIN — data for one coin, the one open on the chart.
2. TOTAL — the same data for all coins on the market at once. The platform takes each of about 600 coins and adds them up. You see the whole market, not one coin.

Both versions share a name; only the prefix changes: COIN B&A → TOTAL B&A.

There are two more groups, briefly:

• OTHER — indicators that don't depend on the coin: the whole market.
• TECHNICAL — classic price and volume indicators. Not covered in the course.

TOTAL B&A — bids and asks summed across the whole market, 3% depth

Every TOTAL version has this field in the “Inputs” tab: Total Type. It picks which coins go into the sum.

Why it matters. BTC is the largest coin and accounts for most of the market cap. In an “all coins” sum it outweighs everything else. To see altcoins on their own, BTC is removed from the sum.

A word on the last value. Stablecoin pairs such as USDCUSDT are dollars swapped for dollars, not the crypto market. But their volume and order book are large: USDCUSDT alone makes up about a quarter of the whole market's spot volume. TOTAL (-STABLE) removes these pairs from the sum. History covers the full depth of the chart. The same field exists in the Metrics Builder.

In alerts this field is called “Total type”. The values are the same: TOTAL, TOTAL2, TOTAL3, TOP 100, BOTTOM 100, OTHERS, TOTAL (-STABLE).

On Binance, Bitcoin trades against three stablecoins: BTCUSDT, BTCUSDC and BTCFDUSD. The platform adds these three pairs up and shows them as one — BTCUSDT.

That's why COIN order book and trade indicators have the input BTC Pairs:

• ALL — the sum of the three pairs. This is the default.
• USDT ONLY — the BTCUSDT pair only.

The difference is noticeable: BTCUSDC accounts for about a fifth of Bitcoin's futures volume.

This applies only to Binance and only to Bitcoin. For other Binance coins, data is always for the USDT pair. On Coinbase and Hyperliquid Bitcoin has one pair each — BTC/USD and BTC/USDC — so the input has no effect there.