BNB/USDT
Where BNB/USDT trades: Binance, OKX, Bybit, KuCoin and Kraken, spot and perpetual futures, with per-venue 24h volume and share. $696.5M in 24h volume.
BNB/USDT trades on 5 exchanges across 9 listings — 4 perpetual futures markets and 5 spot books.
Binance runs the deepest of them at $415.2M over 24 hours, 59.6% of the $696.5M total we measure across all 9 of them.
Where BNB/USDT trades
| Exchange | 24h volume | Share |
|---|---|---|
| Binance | $415.2M | 59.6% |
| Binance | $112.9M | 16.2% |
| OKX | $79.1M | 11.4% |
| Bybit | $45.7M | 6.6% |
| OKX | $16.6M | 2.4% |
| KuCoin | $13.2M | 1.9% |
| Bybit | $7.7M | 1.1% |
| KuCoin | $6.1M | 0.9% |
| Kraken | $56,388 | <0.1% |
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.
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Spot or perpetual
Perpetual futures: Binance, OKX, Bybit and KuCoin.
Spot: Binance, OKX, KuCoin, Bybit and Kraken.
Where the liquidity sits
The top 3 venues hold 87.2% of measured BNB/USDT turnover: Binance perpetuals ($415.2M, 59.6%), Binance spot ($112.9M, 16.2%) and OKX perpetuals ($79.1M, 11.4%).
Perpetual futures account for 78.4% 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.