H/USDT
Where H/USDT trades: OKX, Binance, Bybit and KuCoin, spot and perpetual futures, with per-venue 24h volume and share. $60.8M in 24h volume.
H/USDT trades on 4 exchanges across 6 listings — 4 perpetual futures markets and 2 spot books.
OKX runs the deepest of them at $26.4M over 24 hours, 43.5% of the $60.8M total we measure across all 6 of them.
Where H/USDT trades
| Exchange | Type | Symbol | 24h volume | Share |
|---|---|---|---|---|
| OKX | Perpetual |
H-USDT-SWAP
|
$26.4M | 43.5% |
| Binance | Perpetual |
HUSDT
|
$17.0M | 28.0% |
| Bybit | Perpetual |
HUSDT
|
$11.4M | 18.7% |
| Bybit | Spot |
HUSDT
|
$2.6M | 4.3% |
| KuCoin | Perpetual |
HUSDTM
|
$2.6M | 4.2% |
| KuCoin | Spot |
H-USDT
|
$829.4K | 1.4% |
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, Binance, Bybit and KuCoin.
Spot: Bybit and KuCoin.
Where the liquidity sits
The top 3 venues hold 90.1% of measured H/USDT turnover: OKX perpetuals ($26.4M, 43.5%), Binance perpetuals ($17.0M, 28.0%) and Bybit perpetuals ($11.4M, 18.7%).
Perpetual futures account for 94.4% 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. 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.