BTC/USDC
Where BTC/USDC trades: Binance, Bybit, KuCoin, OKX and Kraken, spot and perpetual futures, with per-venue 24h volume and share. $4.43B in 24h volume.
BTC/USDC trades on 5 exchanges across 8 listings — 3 perpetual futures markets and 5 spot books.
Binance runs the deepest of them at $3.61B over 24 hours, 81.5% of the $4.43B total we measure across all 8 of them.
Where BTC/USDC trades
| Exchange | Type | Symbol | 24h volume | Share |
|---|---|---|---|---|
| Binance | Perpetual |
BTCUSDC
|
$3.61B | 81.5% |
| Binance | Spot |
BTCUSDC
|
$538.2M | 12.2% |
| Bybit | Perpetual |
BTCPERP
|
$102.8M | 2.3% |
| KuCoin | Spot |
BTC-USDC
|
$55.0M | 1.2% |
| OKX | Spot |
BTC-USDC
|
$53.1M | 1.2% |
| Kraken | Spot |
XBTUSDC
|
$38.2M | 0.9% |
| Bybit | Spot |
BTCUSDC
|
$30.2M | 0.7% |
| KuCoin | Perpetual |
XBTUSDCM
|
$2.5M | <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, Bybit and KuCoin.
Spot: Binance, KuCoin, OKX, Kraken and Bybit.
Where the liquidity sits
The top 3 venues hold 96.0% of measured BTC/USDC turnover: Binance perpetuals ($3.61B, 81.5%), Binance spot ($538.2M, 12.2%) and Bybit perpetuals ($102.8M, 2.3%).
Perpetual futures account for 83.9% 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. 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.