BTC/USD
Where BTC/USD trades: OKX, Kraken, Bybit, Binance and KuCoin, spot and perpetual futures, with per-venue 24h volume and share. $529.4M in 24h volume.
BTC/USD trades on 5 exchanges across 8 listings — 4 perpetual futures markets and 4 spot books.
OKX runs the deepest of them at $357.4M over 24 hours, 67.5% of the $529.4M total we measure across the 6 of 8 venues that publish a USD figure.
Where BTC/USD trades
| Exchange | 24h volume | Share |
|---|---|---|
| OKX | $357.4M | 67.5% |
| Kraken | $149.6M | 28.3% |
| OKX | $20.3M | 3.8% |
| Bybit | $1.2M | 0.2% |
| Binance | $886,733 | 0.2% |
| KuCoin | $39 | <0.1% |
| Binance | — | — |
| Bybit | — | — |
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: OKX, KuCoin, Binance and Bybit.
Spot: Kraken, OKX, Bybit and Binance.
Where the liquidity sits
The top 3 venues hold 99.6% of measured BTC/USD turnover: OKX perpetuals ($357.4M, 67.5%), Kraken spot ($149.6M, 28.3%) and OKX spot ($20.3M, 3.8%).
Perpetual futures account for 67.5% 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.
2 of the 8 BTC/USD listings here have no USD figure for that reason and show a dash. The total covers the 6 that do.