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    Market

    XPL/USDT

    Where XPL/USDT trades: Binance, OKX, Bybit and KuCoin, spot and perpetual futures, with per-venue 24h volume and share. $196.2M in 24h volume.

    24h volume
    $196.2M
    across all 8 venues
    Exchanges
    4
    8 listings in total
    Market type
    Spot + futures
    4 futures, 4 spot

    XPL/USDT trades on 4 exchanges across 8 listings — 4 perpetual futures markets and 4 spot books.

    Binance runs the deepest of them at $75.4M over 24 hours, 38.4% of the $196.2M total we measure across all 8 of them.

    Where XPL/USDT trades

    Exchange Type Symbol 24h volume Share
    Binance Perpetual XPLUSDT $75.4M 38.4%
    OKX Perpetual XPL-USDT-SWAP $47.0M 23.9%
    Bybit Perpetual XPLUSDT $44.9M 22.9%
    Binance Spot XPLUSDT $16.1M 8.2%
    OKX Spot XPL-USDT $5.9M 3.0%
    Bybit Spot XPLUSDT $5.5M 2.8%
    KuCoin Perpetual XPLUSDTM $742,006 0.4%
    KuCoin Spot XPL-USDT $682,185 0.3%

    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, OKX, Bybit and KuCoin.

    Where the liquidity sits

    The top 3 venues hold 85.3% of measured XPL/USDT turnover: Binance perpetuals ($75.4M, 38.4%), OKX perpetuals ($47.0M, 23.9%) and Bybit perpetuals ($44.9M, 22.9%).

    Perpetual futures account for 85.7% 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.

    FAQ

    Which exchange has the most XPL/USDT volume?
    Binance, with $75.4M of 24-hour perpetual futures turnover — 38.4% of the $196.2M we measure across 8 reporting venues.
    Can I trade XPL/USDT as a perpetual future?
    Yes. Binance, OKX, Bybit and KuCoin list a XPL/USDT perpetual.
    How much XPL/USDT trades in 24 hours?
    $196.2M across 8 of the 8 listings on this page. Venues quoting the pair against something other than a USD stablecoin are excluded from that total rather than converted.
    Last reviewed:
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