Liquidity Quality
Spot/Futures exchange-market volume decay curves and first-week turnover by exchange
Updated Oct 27, 2026, 06:26 AM UTC
Spot — Median Daily Exchange-Market Volume (T+0 to T+30)
Spot listings only, median across listings by day index since listing (exchange-market basis), log scale
Futures — Median Daily Exchange-Market Volume (T+0 to T+30)
Futures listings only, median across listings, exchange-market basis, log scale; venues without futures data are excluded
First-Week Turnover Rate (Exchange-Market)
BinanceAvg 1332.8%Median 521.2%Binance AlphaAvg 832.6%Median 24.2%
OKXAvg 470.1%Median 155.8%
BybitAvg 372.9%Median 175.4%
UpbitAvg 172.1%Median 32.1%
BithumbAvg 69.0%Median 27.1%
CoinbaseAvg 43.3%Median 12.8%
KrakenAvg 4.7%Median 0.5%Median Exchange-Market Volume Decay Rate (T+1 → T+7)
BybitTurnover: 372.9%48.0%
KrakenTurnover: 4.7%50.4%
OKXTurnover: 470.1%54.5%
CoinbaseTurnover: 43.3%59.1%
BinanceTurnover: 1332.8%67.1%
Binance AlphaTurnover: 832.6%75.5%
UpbitTurnover: 172.1%81.7%
BithumbTurnover: 69.0%88.1%
Lower = healthier post-listing liquidity
Spot Exchange-Market Volume Snapshots by Exchange
BinanceT+0$91.75M
T+1$65.91M
T+7$21.59M
T+30$6.88M
Binance AlphaT+0$3.20M
T+1$1.63M
T+7$272.62K
T+30$54.67K
OKXT+0$15.12M
T+1$12.42M
T+7$8.52M
T+30$2.30M
BybitT+0$12.78M
T+1$15.06M
T+7$11.74M
T+30$2.13M
CoinbaseT+0$1.32M
T+1$2.38M
T+7$1.04M
T+30$448.58K
UpbitT+0$73.85M
T+1$20.55M
T+7$5.07M
T+30$1.96M
BithumbT+0$11.98M
T+1$9.37M
T+7$1.08M
T+30$541.04K
KrakenT+0$104.46K
T+1$111.62K
T+7$58.29K
T+30$34.32K