C/USDT
Where C/USDT trades: Binance, Bybit and KuCoin, spot and perpetual futures, with per-venue 24h volume and share. $1.2M in 24h volume.
C/USDT trades on 3 exchanges across 5 listings — 3 perpetual futures markets and 2 spot books.
Binance runs the deepest of them at $824.2K over 24 hours, 70.2% of the $1.2M total we measure across all 5 of them.
Where C/USDT trades
| Exchange | Type | Symbol | 24h volume | Share |
|---|---|---|---|---|
| Binance | Perpetual |
CUSDT
|
$824.2K | 70.2% |
| Bybit | Perpetual |
CUSDT
|
$199.4K | 17.0% |
| Binance | Spot |
CUSDT
|
$139.6K | 11.9% |
| KuCoin | Spot |
C-USDT
|
$5.7K | 0.5% |
| KuCoin | Perpetual |
CUSDTM
|
$4.6K | 0.4% |
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 and KuCoin.
Where the liquidity sits
The top 3 venues hold 99.1% of measured C/USDT turnover: Binance perpetuals ($824.2K, 70.2%), Bybit perpetuals ($199.4K, 17.0%) and Binance spot ($139.6K, 11.9%).
Perpetual futures account for 87.6% 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.