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Ethereum Trading Volume

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BTC ETH SOL ZEC
24h Trading Volume
$38.96B
24h change · all exchanges +5.8%
Volume History
24h
7D
30D
$5.0B$10B$15BSep 26Sep 27Sep 28Sep 29Sep 30Oct 1Oct 2Today
24h Volume
$38.96B
24h Change
+5.8%
Exchanges
15
Top Exchange
Binance
PerpDEX Share
5.8%
Exchange 24h Volume 24h Change 7d Change Share
Binance $13.66B +6.9% -19.1%
OKX $7.68B +7.6% -17.3%
Gate $6.20B +0.7% -16.7%
Bybit $3.83B +11.2% -11.7%
Bitget $1.93B +6.7% -20.3%
MEXC $1.90B -7.8% -20.8%
HyperliquidPerpDEX $1.29B +10.5% -19.6%
HTX $958.5M +4.7% -9.0%
Deribit $365.8M +7.5% +10.5%
VariationalPerpDEX $347.3M +69.2% +5.4%
LighterPerpDEX $296.0M -3.6% -11.5%
PacificaPerpDEX $210.4M -19.2% -3.9%
KuCoin $163.7M +38.9% -18.8%
NadoPerpDEX $97.6M +12.6% +4.3%
ExtendedPerpDEX $34.7M +17.7% -34.2%
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What is Ethereum trading volume?

Ethereum trading volume is the total value of ETH perpetual contracts traded over a given period. It shows how much market activity is taking place, but unlike open interest it does not represent positions that remain open. A market can post high ETH trading volume even when open interest changes little because the same capital may trade multiple times.

PerpDEX Wars aggregates volume across the exchanges we cover and shows 24-hour totals, historical activity, venue shares and short-term changes. The Ethereum volume chart makes it easier to see whether trading activity is spread across the market or concentrated on a small number of exchanges.

On this page, Ethereum futures volume refers specifically to perpetual futures activity rather than spot ETH turnover or on-chain transfers. Comparing ETH futures volume across venues can also show where liquidity and execution are currently concentrated.

Frequently asked

What does Ethereum trading volume measure?

Ethereum trading volume measures the total value of ETH perpetual contracts traded during a given period. It reflects trading activity rather than the amount of capital that remains in open positions.

How is Ethereum volume different from open interest?

Ethereum volume counts trades executed during a period, while open interest measures positions that are still open. High volume can therefore occur without a similar increase in open interest if traders are frequently opening and closing positions.

Why compare ETH trading volume across exchanges?

Comparing ETH trading volume by exchange shows where most trading activity is taking place. A large share on one venue can indicate stronger liquidity there, while a more even distribution suggests activity is spread across several exchanges.

What does the ETH volume chart show?

The ETH volume chart shows how trading activity has changed over time. It can help identify periods of unusually high or low participation and put the current 24-hour volume in historical context.

Does this page track Ethereum futures volume or spot volume?

This page tracks Ethereum futures volume from perpetual markets covered by PerpDEX Wars. It does not represent total spot ETH trading or Ethereum network transfer volume.

How current is the ETH volume data?

The page updates continuously as new exchange data is collected. The headline ETH volume figure represents recent 24-hour trading activity, while the chart provides historical context.