STABLE/USDT
Where STABLE/USDT trades: Binance, Bybit, OKX and KuCoin, spot and perpetual futures, with per-venue 24h volume and share. $12.2M in 24h volume.
STABLE/USDT trades on 4 exchanges across 6 listings — 4 perpetual futures markets and 2 spot books.
Binance runs the deepest of them at $8.8M over 24 hours, 71.9% of the $12.2M total we measure across all 6 of them.
Where STABLE/USDT trades
| Exchange | Type | Symbol | 24h volume | Share |
|---|---|---|---|---|
| Binance | Perpetual |
STABLEUSDT
|
$8.8M | 71.9% |
| Bybit | Perpetual |
STABLEUSDT
|
$1.9M | 15.9% |
| OKX | Perpetual |
STABLE-USDT-SWAP
|
$747.9K | 6.1% |
| Bybit | Spot |
STABLEUSDT
|
$585.7K | 4.8% |
| KuCoin | Perpetual |
STABLEUSDTM
|
$121.7K | 1.0% |
| KuCoin | Spot |
STABLE-USDT
|
$34.4K | 0.3% |
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, OKX and KuCoin.
Spot: Bybit and KuCoin.
Where the liquidity sits
The top 3 venues hold 93.9% of measured STABLE/USDT turnover: Binance perpetuals ($8.8M, 71.9%), Bybit perpetuals ($1.9M, 15.9%) and OKX perpetuals ($747.9K, 6.1%).
Perpetual futures account for 94.9% 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.
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.