◈   real vs reported volume · 30-day median

Where to trade BASED

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

Soli's reading
OKX runs the cleanest BASED tape — 85% honest on $24.9M real volume. Trust the prints.
#1
OKX
OKX
spot + futures · 3 pairs
85% honest
$24.9Mreal / $29.2M claimed
Trade on OKX →
#2
Binance
Binance
futures · 1 pairs
82% honest
$13.7Mreal / $16.6M claimed
Trade on Binance →
#3
Bybit
Bybit
spot + futures · 2 pairs
81% honest
$6.2Mreal / $7.7M claimed
Trade on Bybit →
#4
Bitget
Bitget
futures · 1 pairs
82% honest
$2.0Mreal / $2.5M claimed
Trade on Bitget →
◈ how we score it

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