SQD/USDT
Where SQD/USDT trades: Binance, KuCoin and Bybit, spot and perpetual futures, with per-venue 24h volume and share. $3.7M in 24h volume.
SQD/USDT trades on 3 exchanges across 5 listings — 3 perpetual futures markets and 2 spot books.
Binance runs the deepest of them at $2.1M over 24 hours, 55.0% of the $3.7M total we measure across all 5 of them.
Where SQD/USDT trades
| Exchange | Type | Symbol | 24h volume | Share |
|---|---|---|---|---|
| Binance | Perpetual |
SQDUSDT
|
$2.1M | 55.0% |
| KuCoin | Perpetual |
SQDUSDTM
|
$816.8K | 21.9% |
| Bybit | Perpetual |
SQDUSDT
|
$693.5K | 18.6% |
| Bybit | Spot |
SQDUSDT
|
$101.9K | 2.7% |
| KuCoin | Spot |
SQD-USDT
|
$69.6K | 1.9% |
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, KuCoin and Bybit.
Spot: Bybit and KuCoin.
Where the liquidity sits
The top 3 venues hold 95.4% of measured SQD/USDT turnover: Binance perpetuals ($2.1M, 55.0%), KuCoin perpetuals ($816.8K, 21.9%) and Bybit perpetuals ($693.5K, 18.6%).
Perpetual futures account for 95.4% 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.