SHELL/USDT
Where SHELL/USDT trades: Binance, OKX, Bybit and KuCoin, spot and perpetual futures, with per-venue 24h volume and share. $1.2M in 24h volume.
SHELL/USDT trades on 4 exchanges across 6 listings — 4 perpetual futures markets and 2 spot books.
Binance runs the deepest of them at $890,042 over 24 hours, 71.6% of the $1.2M total we measure across all 6 of them.
Where SHELL/USDT trades
| Exchange | 24h volume | Share |
|---|---|---|
| Binance | $890,042 | 71.6% |
| Binance | $171,147 | 13.8% |
| OKX | $116,378 | 9.4% |
| Bybit | $55,777 | 4.5% |
| KuCoin | $8,500 | 0.7% |
| KuCoin | $1,889 | 0.2% |
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 and KuCoin.
Where the liquidity sits
The top 3 venues hold 94.7% of measured SHELL/USDT turnover: Binance perpetuals ($890,042, 71.6%), Binance spot ($171,147, 13.8%) and OKX perpetuals ($116,378, 9.4%).
Perpetual futures account for 86.1% 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.