Liquidity Quality

Spot/Futures exchange-market volume decay curves and first-week turnover by exchange

Updated Apr 5, 2026, 01:09 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 Alpha3385.1%
Bybit3169.8%
Upbit1345.9%
Coinbase1042.0%
Binance1040.4%
OKX1001.3%
Bithumb463.3%

Exchange-Market Volume Decay Rate (T+1 → T+7)

Coinbase
Turnover: 1042.0%-1296.5%
OKX
Turnover: 1001.3%-155.6%
Binance Alpha
Turnover: 3385.1%-106.2%
Bybit
Turnover: 3169.8%-75.8%
Upbit
Turnover: 1345.9%-13.6%
Binance
Turnover: 1040.4%24.0%
Bithumb
Turnover: 463.3%58.5%

Lower = healthier post-listing liquidity

Spot Exchange-Market Volume Snapshots by Exchange

Bybit
T+0
T+1$115.11M
T+7$791.20M
T+30$24.36M