2Z/USDT
Where 2Z/USDT trades: Binance, Bybit, OKX and KuCoin, spot and perpetual futures, with per-venue 24h volume and share. $5.9M in 24h volume.
2Z/USDT trades on 4 exchanges across 8 listings — 4 perpetual futures markets and 4 spot books.
Binance runs the deepest of them at $2.6M over 24 hours, 44.0% of the $5.9M total we measure across all 8 of them.
Where 2Z/USDT trades
| Exchange | 24h volume | Share |
|---|---|---|
| Binance | $2.6M | 44.0% |
| Binance | $1.2M | 19.5% |
| Bybit | $1.0M | 17.5% |
| OKX | $628,829 | 10.7% |
| Bybit | $218,788 | 3.7% |
| OKX | $133,301 | 2.3% |
| KuCoin | $79,455 | 1.3% |
| KuCoin | $58,698 | 1.0% |
Volume is 24h turnover as each exchange's own public ticker reports it (USD-quoted; on-page amounts follow your selected display currency). A dash means the venue quotes the pair against something other than a USD stablecoin, so there is no honest reported figure for it rather than a converted guess. Updated 2026-09-09 08:38 UTC.
Spot or perpetual
Perpetual futures: Binance, Bybit, OKX and KuCoin.
Spot: Binance, Bybit, OKX and KuCoin.
Where the liquidity sits
The top 3 venues hold 81.0% of measured 2Z/USDT turnover: Binance perpetuals ($2.6M, 44.0%), Binance spot ($1.2M, 19.5%) and Bybit perpetuals ($1.0M, 17.5%).
Perpetual futures account for 73.2% of it, spot the rest. Futures turnover is notional, so it is not directly comparable to spot volume — the same dollar of margin moves several dollars of notional.
How we measure this
Volume is 24-hour turnover from each exchange's own public ticker, refreshed on a schedule rather than streamed. A venue enters the total only where it quotes the pair against a USD stablecoin, so the underlying figure is the venue's own reported turnover — never a cross-rate guess of ours. On-page amounts follow your selected display currency.