Spot Price
The current market price at which a digital asset can be immediately bought or sold.
What is Spot Price?
In digital asset trading, the spot price represents the immediate exchange rate for an asset, enabling instant settlement without future obligations. For example, on platforms like Coinbase, traders buy Bitcoin at its spot price of around $60,000 as of October 2025, reflecting real-time supply and demand. This differs from futures prices, which account for time value and storage costs.
Spot prices drive daily volumes exceeding $146 billion in Q1 2025 across crypto markets, with decentralized exchanges handling about $5 billion. They are determined by order books or AMM curves, providing benchmarks for derivatives and influencing arbitrage opportunities.
Traders use spot prices for direct ownership transfers, as seen in INDODAX where transactions occur at real-time rates, contrasting with delayed settlements in traditional finance.
Related Terms
Based Rollup (L1-sequenced)
A based rollup is a layer-2 scaling solution for Ethereum that uses the layer-1 blockchain's validators for transaction sequencing, enhancing decentralization and alignment with Ethereum's security model.
Mark Price
The fair market price used for margin calculations and liquidations to prevent manipulation.
Liquidation (Perp Dex)
The forced closure of a leveraged position when margin falls below the required level.
Liquidity Pool (Perp Dex)
A pool of digital assets provided by users to facilitate trading on a Perp DEX.
OP Mainnet
Optimism's optimistic rollup network for Ethereum, delivering low-cost, high-speed transactions.
Market Maker (order book)
An entity providing liquidity by placing buy and sell limit orders in the order book.