BR/USDT
Where BR/USDT trades: Binance, Bybit and KuCoin, spot and perpetual futures, with per-venue 24h volume and share. $11.2M in 24h volume.
BR/USDT trades on 3 exchanges across 5 listings — 3 perpetual futures markets and 2 spot books.
Binance runs the deepest of them at $8.9M over 24 hours, 79.4% of the $11.2M total we measure across all 5 of them.
Where BR/USDT trades
| Exchange | 24h volume | Share |
|---|---|---|
| Binance | $8.9M | 79.4% |
| Bybit | $1.1M | 10.0% |
| KuCoin | $701,484 | 6.3% |
| Bybit | $289,479 | 2.6% |
| KuCoin | $183,848 | 1.6% |
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 and KuCoin.
Spot: KuCoin and Bybit.
Where the liquidity sits
The top 3 venues hold 95.8% of measured BR/USDT turnover: Binance perpetuals ($8.9M, 79.4%), Bybit perpetuals ($1.1M, 10.0%) and KuCoin spot ($701,484, 6.3%).
Perpetual futures account for 91.1% 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.