KuCoin Off-Chain Payment Volume Explodes by Over 300% in H1 2026

KuCoin's off-chain payment volume has experienced a remarkable surge of over 300% in the first half of 2026, according to the exchange's 'Beyond the Signal' H1 review published on July 23. This growth is attributed to KuCoin Pay, the exchange's off-chain settlement system that processes transactions via an internal ledger.

The benefits of using KuCoin Pay include zero fees, instant settlements, and no blockchain congestion. The service partner and merchant network expanded by 60% during this period.

Notably, among KuCoin's top 18 spot trading pairs, the combined market share of Bitcoin and Ethereum dropped from 74.3% to 45.2% by the end of June 2026, a decline of nearly 30 percentage points in the dominance of these two largest assets.