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Coinbase International's weekly trading volume rose to $119 billion, hitting a record high

According to online reports, Coinbase International's total trading volume last week exceeded US$119 billion, a record high. The total for this week 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's average daily transaction volume in November was only $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 from BTC, ETH, SOL, XRP and DOGE, accounting for 99.8% of the exchange's total trading volume. BTC-PERP accounted for 57% of total transaction volume, followed by ETH-PERP with 34%.

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