PANews reported on December 25 that the total transaction volume of Coinbase International last week exceeded 119 billion US dollars, setting a new record high. The total volume this week was 124% higher than the total volume of the previous week, while the daily average in the past week was 164% higher than the daily average in the previous week.

Coinbase International's average daily trading 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 for 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, which accounts for 34%.