Coinbase International weekly trading volume rises to $119 billion, a record high

Coinbase International saw total trading volume of over $119 billion last week, a record high. The weekly total was 124% higher than the previous week’s total, while the daily average for the past week was 164% higher than the daily average for the previous week. Coinbase International averaged just $2.5 billion in daily volume in November. As of December, the exchange averaged nearly $10 billion in daily volume. The top five trading pairs on Coinbase International include perpetual futures for BTC, ETH, SOL, XRP, and DOGE, accounting for 99.8% of the exchange’s total volume. BTC-PERP accounted for 57% of total volume, followed by ETH-PERP at 34%.