USDG/USDT
Where USDG/USDT trades: OKX, Kraken and KuCoin, spot and perpetual futures, with per-venue 24h volume and share. $39.9M in 24h volume.
USDG/USDT trades on 3 exchanges across 4 listings — 1 perpetual futures market and 3 spot books.
OKX runs the deepest of them at $39.4M over 24 hours, 98.9% of the $39.9M total we measure across all 4 of them.
Where USDG/USDT trades
| Exchange | 24h volume | Share |
|---|---|---|
| OKX | $39.4M | 98.9% |
| Kraken | $301,578 | 0.8% |
| KuCoin | $117,036 | 0.3% |
| KuCoin | $21,974 | <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: KuCoin.
Spot: OKX, Kraken and KuCoin.
Where the liquidity sits
The top 3 venues hold 99.9% of measured USDG/USDT turnover: OKX spot ($39.4M, 98.9%), Kraken spot ($301,578, 0.8%) and KuCoin spot ($117,036, 0.3%).
Perpetual futures account for under 0.1% 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.