4/USDT
Where 4/USDT trades: Binance, KuCoin and Bybit, perpetual futures, with per-venue 24h volume and share. $20.7M in 24h volume.
4/USDT trades on 3 exchanges across 3 listings — 3 perpetual futures markets.
Binance runs the deepest of them at $12.9M over 24 hours, 62.5% of the $20.7M total we measure across all 3 of them.
Where 4/USDT trades
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, KuCoin and Bybit.
No venue we track lists 4/USDT on spot; it exists only as a derivative, so there is no book to take delivery on.
Where the liquidity sits
The top 3 venues hold 100.0% of measured 4/USDT turnover: Binance perpetuals ($12.9M, 62.5%), KuCoin perpetuals ($6.0M, 29.1%) and Bybit perpetuals ($1.7M, 8.4%).
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.