API3/USDT
Where API3/USDT trades: Binance, OKX, Bybit and KuCoin, spot and perpetual futures, with per-venue 24h volume and share. $2.8M in 24h volume.
API3/USDT trades on 4 exchanges across 7 listings — 4 perpetual futures markets and 3 spot books.
Binance runs the deepest of them at $1.6M over 24 hours, 56.2% of the $2.8M total we measure across all 7 of them.
Where API3/USDT trades
| Exchange | 24h volume | Share |
|---|---|---|
| Binance | $1.6M | 56.2% |
| OKX | $416,184 | 14.7% |
| Binance | $364,001 | 12.8% |
| Bybit | $274,701 | 9.7% |
| OKX | $128,294 | 4.5% |
| KuCoin | $31,478 | 1.1% |
| KuCoin | $27,189 | 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, OKX, Bybit and KuCoin.
Spot: Binance, OKX and KuCoin.
Where the liquidity sits
The top 3 venues hold 83.7% of measured API3/USDT turnover: Binance perpetuals ($1.6M, 56.2%), OKX perpetuals ($416,184, 14.7%) and Binance spot ($364,001, 12.8%).
Perpetual futures account for 81.7% 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.