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    Market

    HYPE/USDT

    Where HYPE/USDT trades: Binance, OKX, Bybit and KuCoin, spot and perpetual futures, with per-venue 24h volume and share. $1.22B in 24h volume.

    24h volume
    $1.22B
    across all 7 venues
    Exchanges
    4
    7 listings in total
    Market type
    Spot + futures
    4 futures, 3 spot

    HYPE/USDT trades on 4 exchanges across 7 listings — 4 perpetual futures markets and 3 spot books.

    Binance runs the deepest of them at $602.1M over 24 hours, 49.4% of the $1.22B total we measure across all 7 of them.

    Where HYPE/USDT trades

    Exchange Type Symbol 24h volume Share
    Binance Perpetual HYPEUSDT $602.1M 49.4%
    OKX Perpetual HYPE-USDT-SWAP $266.0M 21.8%
    Bybit Perpetual HYPEUSDT $234.5M 19.2%
    Bybit Spot HYPEUSDT $53.6M 4.4%
    OKX Spot HYPE-USDT $34.6M 2.8%
    KuCoin Perpetual HYPEUSDTM $21.7M 1.8%
    KuCoin Spot HYPE-USDT $7.5M 0.6%

    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, OKX, Bybit and KuCoin.

    Spot: Bybit, OKX and KuCoin.

    Where the liquidity sits

    The top 3 venues hold 90.4% of measured HYPE/USDT turnover: Binance perpetuals ($602.1M, 49.4%), OKX perpetuals ($266.0M, 21.8%) and Bybit perpetuals ($234.5M, 19.2%).

    Perpetual futures account for 92.2% 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. 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.

    FAQ

    Which exchange has the most HYPE/USDT volume?
    Binance, with $602.1M of 24-hour perpetual futures turnover — 49.4% of the $1.22B we measure across 7 reporting venues.
    Can I trade HYPE/USDT as a perpetual future?
    Yes. Binance, OKX, Bybit and KuCoin list a HYPE/USDT perpetual.
    How much HYPE/USDT trades in 24 hours?
    $1.22B across 7 of the 7 listings on this page. Venues quoting the pair against something other than a USD stablecoin are excluded from that total rather than converted.
    Last reviewed:
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