BTC/USD1
Where BTC/USD1 trades: Binance, Bybit, KuCoin and Kraken, spot and perpetual futures, with per-venue 24h volume and share. $241.9M in 24h volume.
BTC/USD1 trades on 4 exchanges across 5 listings — 1 perpetual futures market and 4 spot books.
Binance runs the deepest of them at $183.7M over 24 hours, 75.9% of the $241.9M total we measure across all 5 of them.
Where BTC/USD1 trades
| Exchange | Type | Symbol | 24h volume | Share |
|---|---|---|---|---|
| Binance | Spot |
BTCUSD1
|
$183.7M | 75.9% |
| Binance | Perpetual |
BTCUSD1
|
$56.9M | 23.5% |
| Bybit | Spot |
BTCUSD1
|
$1.4M | 0.6% |
| KuCoin | Spot |
BTC-USD1
|
$21.2K | <0.1% |
| Kraken | Spot |
XBTUSD1
|
$87 | <0.1% |
Volume is 24h turnover in USD, taken from each exchange's public ticker. A dash means the venue quotes the pair against something other than a USD stablecoin, so we have no honest USD figure for it rather than a converted guess. Updated 2026-08-19 16:29 UTC.
Spot or perpetual
Perpetual futures: Binance.
Spot: Binance, Bybit, KuCoin and Kraken.
Where the liquidity sits
The top 3 venues hold 100.0% of measured BTC/USD1 turnover: Binance spot ($183.7M, 75.9%), Binance perpetuals ($56.9M, 23.5%) and Bybit spot ($1.4M, 0.6%).
Perpetual futures account for 23.5% 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. We only publish a dollar figure where the pair is quoted against a USD stablecoin, so the number is the venue's own turnover and not a conversion of ours.