Spot/Futures exchange-market volume decay curves and first-week turnover by exchange
Spot listings only, median across listings by day index since listing (exchange-market basis), log scale
Futures listings only, median across listings, exchange-market basis, log scale; venues without futures data are excluded
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%BybitKrakenOKXCoinbaseBinanceBinance AlphaUpbitBithumbLower = healthier post-listing liquidity
Coinbase
