NewOpenRate Pro is live — private competitive intelligence on every crypto-card program.Explore →

Global P2P market · live · USDT ⇄ fiat

$713.8M

moved peer-to-peer in the last 24 hours — $21.41B a month of pure money movement across 119 fiat corridors and 10 exchanges.

P2P liquidity · live● real data
$628.0M
~2d agonow

Trends

The market, day by day.

Every exchange's measured daily P2P volume — click a name to isolate it.

P2P volume · by exchangeHISTORY · VIA P2P.ARMY
$763Mavg daily · latest month · sell side estimated
$844M$633M$422M$211M
Peak · $782M
+27%
Jan 21Oct 21Jul 22Apr 23Jan 24Oct 24Jul 25Apr 26Jul 26
What this saysBinance holds 33% of volumeBinance 14.8× over the windowmarket +1289% across the window

Source: p2p.army markets history (BUY-side ads volume, daily, as of 2026-07-10) · SELL side estimated from today's measured BUY:SELL mix · latest point ≡ the live 24h total · lighter bars before Jul 25 are a modeled growth curve — measured history begins Jul 25

Intelligence

What's happening right now.

01

🇺🇦 USDT/UAH is the most-traded corridor at $12.4M / 24h.

02

binance carries 39% of all peer-to-peer stablecoin volume.

03

119 fiat corridors are live across 10 exchanges right now.

04

Tightest spread today: SYP at -4169.12%.

05

Peer-to-peer is moving an estimated $21.41B a month — pure money movement, not trading.

Volume

Who moves the volume.

Exchanges by volume · 24h
1binance
$276.7M38.8%
2bybit
$191.7M26.9%
3okx
$91.6M12.8%
4mexc
$35.1M4.9%
5htx
$26.9M3.8%
6gate
$25.8M3.6%
7BIbingx
$23.4M3.3%
8kucoin
$21.8M3.1%

Live rates

USDT across every corridor.

All markets
#MarketBest buySpreadVolume · 24h
1🇺🇦USDT/UAH45.3-7.06%$12.4M
2🇪🇺USDT/EUR0.83-12.61%$12.4M
3🇺🇸USDT/USD1-20.42%$12.4M
4🇻🇳USDT/VND25,7990.27%$12.0M
5🇹🇷USDT/TRY50.441.57%$11.9M
6🇰🇿USDT/KZT470-2.02%$11.8M
7🇸🇦USDT/SAR3.85$11.5M
8🌐USDT/COP3,095.980.53%$11.4M
9🌐USDT/GEL2.610.77%$11.4M
10🇮🇳USDT/INR102.07-1.99%$11.3M
11🇵🇭USDT/PHP63.010.73%$10.7M
12🇬🇧USDT/GBP0.76-14.93%$10.6M
13🌐USDT/MXN17.010.53%$10.6M
14🇮🇩USDT/IDR17,674.50.97%$10.6M

Live

Trades clearing right now.

Card spend · Base
MetaMask Card
USDC$20
Top-up · Tron
KAST
USDT$310
Top-up · BSC
RedotPay
USDT$0
Card spend · EVM
Exa
USDC$12
Top-up · Tron
RedotPay
USDT$500
Top-up · BSC
RedotPay
USDT$0

OpenRate P2P

The rate you see here is the rate on the street.

Live, measured, and refreshed continuously — across 119 corridors and 10 exchanges.