Definition. Spot Volume Trend (7D) is the percentage change in the 7-day average trading volume compared to the 7-day average volume from 7 days prior.

Technical. Computed for spot trades where USD or USD-related currencies serve as the quote. Available per individual exchange or aggregated across exchanges.

Interpretation. Positive values indicate trading activity is expanding week-over-week, negative values indicate it is contracting. Direction surfaces changes in market interest and liquidity conditions over the weekly horizon.