PAXG/USDT
Where PAXG/USDT trades: Binance, Bybit, KuCoin and OKX, spot and perpetual futures, with per-venue 24h volume and share. $208.6M in 24h volume.
PAXG/USDT trades on 4 exchanges across 6 listings — 3 perpetual futures markets and 3 spot books.
Binance runs the deepest of them at $159.5M over 24 hours, 76.4% of the $208.6M total we measure across all 6 of them.
Where PAXG/USDT trades
| Exchange | Type | Symbol | 24h volume | Share |
|---|---|---|---|---|
| Binance | Perpetual |
PAXGUSDT
|
$159.5M | 76.4% |
| Binance | Spot |
PAXGUSDT
|
$29.2M | 14.0% |
| Bybit | Perpetual |
PAXGUSDT
|
$7.4M | 3.5% |
| KuCoin | Perpetual |
PAXGUSDTM
|
$6.5M | 3.1% |
| OKX | Spot |
PAXG-USDT
|
$3.9M | 1.9% |
| KuCoin | Spot |
PAXG-USDT
|
$2.2M | 1.0% |
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 and KuCoin.
Spot: Binance, OKX and KuCoin.
Where the liquidity sits
The top 3 venues hold 94.0% of measured PAXG/USDT turnover: Binance perpetuals ($159.5M, 76.4%), Binance spot ($29.2M, 14.0%) and Bybit perpetuals ($7.4M, 3.5%).
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. 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.