Coinbase international weekly trading volume hits a new high of $119 billion

PANews reported on December 25 that Coinbase International’s total trading volume exceeded US$119 billion last week, setting a record high. The weekly total was 124% higher than the previous week's total, while the past week's daily average was 164% higher than the previous week's daily average.

The average daily trading volume of Coinbase International Station in November was only US$2.5 billion. As of December, the exchange’s average daily trading volume was close to $10 billion. The top five trading pairs on Coinbase International include perpetual futures of BTC, ETH, SOL, XRP and DOGE, accounting for 99.8% of the exchange’s total trading volume. BTC-PERP accounts for 57% of the total trading volume, followed by ETH-PERP at 34%.