◈   real vs reported volume · 30-day median

Where to trade BIRB

Same coin, different tapes. We rank the venues that list BIRB 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 BIRB tape — 87% honest on $1.5M real volume. Trust the prints.
#1
Binance
Binance
futures · 1 pairs
87% honest
$1.5Mreal / $1.7M claimed
Trade on Binance →
#2
Bybit
Bybit
spot + futures · 2 pairs
78% honest
$396kreal / $508k claimed
Trade on Bybit →
#3
Bitget
Bitget
futures · 1 pairs
64% honest
$173kreal / $269k claimed
Trade on Bitget →
#4
Coinbase
Coinbase
spot · 1 pairs
78% honest
$96kreal / $123k claimed
Trade on Coinbase →
◈ how we score it

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