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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. $375.0M in 24h volume.

    24h volume
    $375.0M
    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 $306.0M over 24 hours, 81.6% of the $375.0M 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 $306.0M 81.6%
    Kraken Spot XETHZUSD $55.6M 14.8%
    OKX Spot ETH-USD $11.3M 3.0%
    Bybit Spot ETHUSD $2.0M 0.5%
    Binance Spot ETHUSD $233.3K <0.1%
    KuCoin Perpetual ETHUSDM $513 <0.1%
    Binance Perpetual ETHUSD_PERP
    Bybit Perpetual ETHUSD

    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: OKX, KuCoin, Binance and Bybit.

    Spot: Kraken, OKX, Bybit and Binance.

    Where the liquidity sits

    The top 3 venues hold 99.4% of measured ETH/USD turnover: OKX perpetuals ($306.0M, 81.6%), Kraken spot ($55.6M, 14.8%) and OKX spot ($11.3M, 3.0%).

    Perpetual futures account for 81.6% 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.

    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 $306.0M of 24-hour perpetual futures turnover — 81.6% of the $375.0M 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?
    $375.0M 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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