HYPE/USDT
Where HYPE/USDT trades: Binance, Bybit, OKX and KuCoin, spot and perpetual futures, with per-venue 24h volume and share. $1.03B in 24h volume.
HYPE/USDT trades on 4 exchanges across 7 listings — 4 perpetual futures markets and 3 spot books.
Binance runs the deepest of them at $528.4M over 24 hours, 51.4% of the $1.03B total we measure across all 7 of them.
Where HYPE/USDT trades
| Exchange | Type | Symbol | 24h volume | Share |
|---|---|---|---|---|
| Binance | Perpetual |
HYPEUSDT
|
$528.4M | 51.4% |
| Bybit | Perpetual |
HYPEUSDT
|
$229.4M | 22.3% |
| OKX | Perpetual |
HYPE-USDT-SWAP
|
$195.0M | 18.9% |
| Bybit | Spot |
HYPEUSDT
|
$30.2M | 2.9% |
| OKX | Spot |
HYPE-USDT
|
$22.8M | 2.2% |
| KuCoin | Perpetual |
HYPEUSDTM
|
$17.3M | 1.7% |
| KuCoin | Spot |
HYPE-USDT
|
$5.7M | 0.6% |
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, OKX and KuCoin.
Spot: Bybit, OKX and KuCoin.
Where the liquidity sits
The top 3 venues hold 92.6% of measured HYPE/USDT turnover: Binance perpetuals ($528.4M, 51.4%), Bybit perpetuals ($229.4M, 22.3%) and OKX perpetuals ($195.0M, 18.9%).
Perpetual futures account for 94.3% 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.