ME/USDT
Where ME/USDT trades: Binance, OKX, Bybit and KuCoin, spot and perpetual futures, with per-venue 24h volume and share. $2.9M in 24h volume.
ME/USDT trades on 4 exchanges across 8 listings — 4 perpetual futures markets and 4 spot books.
Binance runs the deepest of them at $1.5M over 24 hours, 52.1% of the $2.9M total we measure across all 8 of them.
Where ME/USDT trades
| Exchange | 24h volume | Share |
|---|---|---|
| Binance | $1.5M | 52.1% |
| OKX | $599,924 | 20.5% |
| Binance | $233,868 | 8.0% |
| Bybit | $227,618 | 7.8% |
| OKX | $143,885 | 4.9% |
| Bybit | $113,314 | 3.9% |
| KuCoin | $77,220 | 2.6% |
| KuCoin | $3,280 | 0.1% |
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: Binance, OKX, Bybit and KuCoin.
Where the liquidity sits
The top 3 venues hold 80.6% of measured ME/USDT turnover: Binance perpetuals ($1.5M, 52.1%), OKX perpetuals ($599,924, 20.5%) and Binance spot ($233,868, 8.0%).
Perpetual futures account for 83.1% 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.