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    ETH/USD

    Where ETH/USD trades: OKX, Kraken, Bybit, Binance and KuCoin, spot and perpetual futures, with per-venue 24h volume and share. $251.1M in 24h volume.

    24h volume
    $251.1M
    6 of 8 venues reporting
    Exchanges
    5
    8 listings in total
    Market type
    Spot + futures
    4 futures, 4 spot

    ETH/USD trades on 5 exchanges across 8 listings — 4 perpetual futures markets and 4 spot books.

    OKX runs the deepest of them at $174.4M over 24 hours, 69.5% of the $251.1M total we measure across the 6 of 8 venues that publish a USD figure.

    Where ETH/USD trades

    Exchange Type Symbol 24h volume Share
    OKX Perpetual ETH-USD-SWAP $174.4M 69.5%
    Kraken Spot XETHZUSD $59.7M 23.8%
    OKX Spot ETH-USD $10.2M 4.1%
    Bybit Spot ETHUSD $5.6M 2.2%
    Binance Spot ETHUSD $1.2M 0.5%
    KuCoin Perpetual ETHUSDM $657 <0.1%
    Binance Perpetual ETHUSD_PERP
    Bybit Perpetual ETHUSD

    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 97.3% of measured ETH/USD turnover: OKX perpetuals ($174.4M, 69.5%), Kraken spot ($59.7M, 23.8%) and OKX spot ($10.2M, 4.1%).

    Perpetual futures account for 69.5% 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 ETH/USD listings here have no USD figure for that reason and show a dash. The total covers the 6 that do.

    FAQ

    Which exchange has the most ETH/USD volume?
    OKX, with $174.4M of 24-hour perpetual futures turnover — 69.5% of the $251.1M we measure across 6 reporting venues.
    Can I trade ETH/USD as a perpetual future?
    Yes. OKX, KuCoin, Binance and Bybit list a ETH/USD perpetual.
    How much ETH/USD trades in 24 hours?
    $251.1M across 6 of the 8 listings on this page. Venues quoting the pair against something other than a USD stablecoin are excluded from that total rather than converted.
    Last reviewed:
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