SHIB/USDT
Where SHIB/USDT trades: Binance, OKX, KuCoin, Bybit and Kraken, spot and perpetual futures, with per-venue 24h volume and share. $66.8M in 24h volume.
SHIB/USDT trades on 5 exchanges across 8 listings — 3 perpetual futures markets and 5 spot books.
Binance runs the deepest of them at $34.9M over 24 hours, 52.2% of the $66.8M total we measure across all 8 of them.
Where SHIB/USDT trades
| Exchange | 24h volume | Share |
|---|---|---|
| Binance | $34.9M | 52.2% |
| OKX | $12.3M | 18.3% |
| KuCoin | $10.9M | 16.3% |
| Binance | $3.6M | 5.4% |
| OKX | $2.5M | 3.8% |
| KuCoin | $1.5M | 2.3% |
| Bybit | $1.0M | 1.5% |
| Kraken | $15,272 | <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.
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Spot or perpetual
Perpetual futures: Binance, OKX and KuCoin.
Spot: KuCoin, Binance, OKX, Bybit and Kraken.
Where the liquidity sits
The top 3 venues hold 86.9% of measured SHIB/USDT turnover: Binance perpetuals ($34.9M, 52.2%), OKX perpetuals ($12.3M, 18.3%) and KuCoin spot ($10.9M, 16.3%).
Perpetual futures account for 72.9% 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.
Contract sizing
Binance lists it as 1000SHIBUSDT: one contract covers 1,000 SHIB, so its quoted price is 1,000x the SHIB price.
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.