ETHW/USDT
Where ETHW/USDT trades: Binance, OKX, Bybit and KuCoin, spot and perpetual futures, with per-venue 24h volume and share. $1.6M 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 $1.1M over 24 hours, 70.1% of the $1.6M total we measure across all 5 of them.
Where ETHW/USDT trades
| Exchange | Type | Symbol | 24h volume | Share |
|---|---|---|---|---|
| Binance | Perpetual |
ETHWUSDT
|
$1.1M | 70.1% |
| OKX | Perpetual |
ETHW-USDT-SWAP
|
$387.9K | 23.9% |
| OKX | Spot |
ETHW-USDT
|
$70.0K | 4.3% |
| Bybit | Spot |
ETHWUSDT
|
$25.8K | 1.6% |
| KuCoin | Spot |
ETHW-USDT
|
$1.5K | <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 and OKX.
Spot: OKX, Bybit and KuCoin.
Where the liquidity sits
The top 3 venues hold 98.3% of measured ETHW/USDT turnover: Binance perpetuals ($1.1M, 70.1%), OKX perpetuals ($387.9K, 23.9%) and OKX spot ($70.0K, 4.3%).
Perpetual futures account for 94.0% 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.