ETH/USDC
Where ETH/USDC trades: Binance, Bybit, KuCoin, OKX and Kraken, spot and perpetual futures, with per-venue 24h volume and share. $2.46B in 24h volume.
ETH/USDC trades on 5 exchanges across 8 listings — 3 perpetual futures markets and 5 spot books.
Binance runs the deepest of them at $2.16B over 24 hours, 87.6% of the $2.46B total we measure across all 8 of them.
Where ETH/USDC trades
| Exchange | 24h volume | Share |
|---|---|---|
| Binance | $2.16B | 87.6% |
| Binance | $250.1M | 10.2% |
| Bybit | $20.9M | 0.9% |
| KuCoin | $14.7M | 0.6% |
| OKX | $8.6M | 0.3% |
| Bybit | $7.3M | 0.3% |
| Kraken | $4.2M | 0.2% |
| KuCoin | $175,233 | <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.
Get Started with Kraken
Sign up in minutes and get started with Kraken — a regulated exchange operating since 2011, with deep liquidity and low fees.
Get StartedAd · Digital asset prices are subject to high market risk and price volatility. Don't invest unless you're prepared to lose all the money you invest. Terms & risk disclosure
This page contains affiliate links. We may earn a commission if you sign up, at no extra cost to you.
Spot or perpetual
Perpetual futures: Binance, Bybit and KuCoin.
Spot: Binance, KuCoin, OKX, Bybit and Kraken.
Where the liquidity sits
The top 3 venues hold 98.6% of measured ETH/USDC turnover: Binance perpetuals ($2.16B, 87.6%), Binance spot ($250.1M, 10.2%) and Bybit perpetuals ($20.9M, 0.9%).
Perpetual futures account for 88.4% 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.