ETHW/USDT
Where ETHW/USDT trades: Binance, OKX, Bybit and KuCoin, spot and perpetual futures, with per-venue 24h volume and share. $1.4M in 24h volume.
ETHW/USDT trades on 4 exchanges across 5 listings — 2 perpetual futures markets and 3 spot books.
Binance runs the deepest of them at $890,499 over 24 hours, 65.2% of the $1.4M total we measure across all 5 of them.
Where ETHW/USDT trades
| Exchange | 24h volume | Share |
|---|---|---|
| Binance | $890,499 | 65.2% |
| OKX | $323,850 | 23.7% |
| OKX | $133,354 | 9.8% |
| Bybit | $12,974 | 0.9% |
| KuCoin | $5,545 | 0.4% |
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.
Spot or perpetual
Perpetual futures: Binance and OKX.
Spot: OKX, Bybit and KuCoin.
Where the liquidity sits
The top 3 venues hold 98.6% of measured ETHW/USDT turnover: Binance perpetuals ($890,499, 65.2%), OKX perpetuals ($323,850, 23.7%) and OKX spot ($133,354, 9.8%).
Perpetual futures account for 88.9% 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.