◈   real vs reported volume · 30-day median

Where to trade 2Z

Same coin, different tapes. We rank the venues that list 2Z by how much of their reported volume is actually real — so you trade where the book isn't faked.

Soli's reading
Binance runs the cleanest 2Z tape — 81% honest on $4.2M real volume. Trust the prints.
#1
Binance
Binance
spot + futures · 2 pairs
81% honest
$4.2Mreal / $5.2M claimed
Trade on Binance →
#2
OKX
OKX
spot + futures · 4 pairs
86% honest
$1.3Mreal / $1.5M claimed
Trade on OKX →
#3
Bybit
Bybit
spot + futures · 3 pairs
85% honest
$1.1Mreal / $1.3M claimed
Trade on Bybit →
#4
Bitget
Bitget
futures · 1 pairs
76% honest
$884kreal / $1.2M claimed
Trade on Bitget →
#5
Coinbase
Coinbase
spot · 1 pairs
68% honest
$38kreal / $56k claimed
Trade on Coinbase →
◈ how we score it

Honesty = estimated real volume ÷ reported volume for 2Z on each venue, from five trade-tape fingerprints (timing, Benford, self-trade pairing, price-impact, size entropy). Pick the venue with the deepest real book, not the loudest reported number. How to buy 2Z → · how to sell 2Z → · full venue ranking → · compare two venues →