Liquidity Quality
Spot/Futures exchange-market volume decay curves and first-week turnover by exchange
Updated May 3, 2026, 08:38 AM UTC
Spot — Average Daily Exchange-Market Volume (T+0 to T+30)
Spot listings only, averaged by day index since listing (exchange-market basis)
Futures — Average Daily Exchange-Market Volume (T+0 to T+30)
Futures listings only, exchange-market basis; venues without futures data are excluded
First-Week Turnover Rate (Exchange-Market)
Binance Alpha3427.6%
Bybit3195.2%
Binance1648.9%
Coinbase1174.0%
OKX1139.2%
Upbit1021.4%
Bithumb401.3%
Exchange-Market Volume Decay Rate (T+1 → T+7)
Coinbase
Turnover: 1174.0%-540.2%
Binance
Turnover: 1648.9%-102.5%
Binance Alpha
Turnover: 3427.6%-42.7%
OKX
Turnover: 1139.2%-37.1%
Bybit
Turnover: 3195.2%-30.3%
Upbit
Turnover: 1021.4%9.2%
Bithumb
Turnover: 401.3%62.3%
Lower = healthier post-listing liquidity
Spot Exchange-Market Volume Snapshots by Exchange
Binance
T+0—
T+1$106.41M
T+7$64.57M
T+30$41.57M
Binance Alpha
T+0—
T+1$77.46M
T+7$155.80M
T+30$20.88M
OKX
T+0—
T+1$105.19M
T+7$119.96M
T+30$39.49M
Bybit
T+0—
T+1$120.30M
T+7$269.94M
T+30$20.88M
Coinbase
T+0—
T+1$55.59M
T+7$90.98M
T+30$10.66M
Upbit
T+0—
T+1$94.06M
T+7$99.60M
T+30$193.76M
Bithumb
T+0—
T+1$79.40M
T+7$28.15M
T+30$138.66M