◈   real vs reported volume · 30-day median

Where to trade CAP

Same coin, different tapes. We rank the venues that list CAP 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 CAP tape — 85% honest on $43.1M real volume. Trust the prints.
#1
OKX
OKX
futures · 2 pairs
85% honest
$43.1Mreal / $50.7M claimed
Trade on OKX →
#2
Binance
Binance
futures · 1 pairs
85% honest
$23.0Mreal / $27.2M claimed
Trade on Binance →
#3
Bybit
Bybit
spot + futures · 2 pairs
85% honest
$9.7Mreal / $11.4M claimed
Trade on Bybit →
#4
Bitget
Bitget
futures · 1 pairs
87% honest
$2.4Mreal / $2.8M claimed
Trade on Bitget →
#5
Coinbase
Coinbase
spot · 1 pairs
82% honest
$930kreal / $1.1M claimed
Trade on Coinbase →
◈ how we score it

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