Market Underwater Index
One trailing oscillator for the whole market. It tracks the share of traded volume sitting below today's price, with a breadth line and a Fear and Greed overlay.
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Half the market is underwater
The hidden cost basis of 200 crypto assets, and the supply waiting to break even.
Top 200 assets/
365 days of price and volume/
Live CoinMarketCap API/
Cost-basis map/
Volume-by-price profile/
Fear and Greed overlay/
Portfolio overlay/
Top 200 assets/
365 days of price and volume/
Live CoinMarketCap API/
Cost-basis map/
Volume-by-price profile/
Fear and Greed overlay/
Portfolio overlay/
See the market through its cost basis
Cost-basis map
Every asset placed by price against cost basis, and by how much of its volume is underwater.
Asset explorer
Search, filter, and sort the universe by underwater supply.
Volume-by-price profile
Open any asset to see exactly where the year's volume traded, plotted against the current price.
Portfolio overlay
Paste a portfolio and read its value-weighted cost basis, plus where the pain is concentrated.
Live refresh
Pull a fresh universe straight from the CoinMarketCap API.
Shareable views
Every asset has a deep link, so you can send one chart or your whole view.
See what the data reveals
01
Privacy and Gaming carry the heaviest overhang, at 84% and 78% underwater.
02
ZEC and HYPE trade above almost all of the year's cost basis.
03
DOGE holders sit on an average loss of 31%.
04
Half of a year of traded volume is trapped, and that is latent sell pressure.
50%of traded volume underwater
73%below cost basis
200assets tracked
365days of history
See where the market is trapped
Open the dashboard
Explore the underwater index, the cost-basis map, and your own portfolio in seconds.