◈   real vs reported volume · 30-day median

Bybit vs Bitget

Same question for both venues: how much of the reported volume is real? We score five fingerprints from the actual trade tape — no orderbook, just the prints.

Soli's reading
Bitget runs the cleaner tape (80% vs 76% honest). Trust the prints, not the press release.
Bybit
Bybit
76% honest
Reported volume
$3.75B
Real (est.)
$2.88B
Wash share
24%
Pairs scored
1094
Markets
spot + futures
Worst pair
SAROSUSDT · 61/100
Open Bybit →
Bitget
Bitget cleaner
80% honest
Reported volume
$8.37B
Real (est.)
$6.73B
Wash share
20%
Pairs scored
694
Markets
futures
Worst pair
SHELLUSDT · 48/100
Open Bitget →
◈ how we score it

Honesty = estimated real volume ÷ reported volume, summed across every pair on the venue. The wash score blends timing regularity, Benford's law on trade sizes, self-trade pairing, price-impact, and size entropy. Higher honesty = the reported number is closer to the real tape. See the full venue ranking →