ETH/USDC
Where ETH/USDC trades: Binance, KuCoin, Bybit, OKX and Kraken, spot and perpetual futures, with per-venue 24h volume and share. $3.18B 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 $2.69B over 24 hours, 84.6% of the $3.18B total we measure across all 8 of them.
Where ETH/USDC trades
| Exchange | Type | Symbol | 24h volume | Share |
|---|---|---|---|---|
| Binance | Perpetual |
ETHUSDC
|
$2.69B | 84.6% |
| Binance | Spot |
ETHUSDC
|
$335.4M | 10.6% |
| KuCoin | Spot |
ETH-USDC
|
$68.3M | 2.2% |
| Bybit | Perpetual |
ETHPERP
|
$48.4M | 1.5% |
| OKX | Spot |
ETH-USDC
|
$16.1M | 0.5% |
| Bybit | Spot |
ETHUSDC
|
$10.8M | 0.3% |
| Kraken | Spot |
ETHUSDC
|
$8.0M | 0.3% |
| KuCoin | Perpetual |
ETHUSDCM
|
$718.1K | <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, Bybit and Kraken.
Where the liquidity sits
The top 3 venues hold 97.4% of measured ETH/USDC turnover: Binance perpetuals ($2.69B, 84.6%), Binance spot ($335.4M, 10.6%) and KuCoin spot ($68.3M, 2.2%).
Perpetual futures account for 86.2% 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.