◈   real vs reported volume · 30-day median

Where to trade ALCH

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

Soli's reading
Bybit runs the cleanest ALCH tape — 87% honest on $1.1M real volume. Trust the prints.
#1
Bybit
Bybit
spot + futures · 2 pairs
87% honest
$1.1Mreal / $1.2M claimed
Trade on Bybit →
#2
Binance
Binance
futures · 1 pairs
82% honest
$1.1Mreal / $1.3M claimed
Trade on Binance →
#3
Bitget
Bitget
futures · 1 pairs
73% honest
$255kreal / $350k claimed
Trade on Bitget →
◈ how we score it

Honesty = estimated real volume ÷ reported volume for ALCH 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 ALCH → · how to sell ALCH → · full venue ranking → · compare two venues →