BTC/USD1
Where BTC/USD1 trades: Binance, Bybit, KuCoin and Kraken, spot and perpetual futures, with per-venue 24h volume and share. $147.5M 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 $116.6M over 24 hours, 79.1% of the $147.5M total we measure across all 5 of them.
Where BTC/USD1 trades
| Exchange | 24h volume | Share |
|---|---|---|
| Binance | $116.6M | 79.1% |
| Binance | $30.8M | 20.9% |
| Bybit | $116,443 | <0.1% |
| KuCoin | $548 | <0.1% |
| Kraken | $9 | <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.
Spot: Binance, Bybit, KuCoin and Kraken.
Where the liquidity sits
The top 3 venues hold 100.0% of measured BTC/USD1 turnover: Binance spot ($116.6M, 79.1%), Binance perpetuals ($30.8M, 20.9%) and Bybit spot ($116,443, under 0.1%).
Perpetual futures account for 20.9% 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.