◈   real vs reported volume · 30-day median

Where to trade H

Same coin, different tapes. We rank the venues that list H 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 H tape — 83% honest on $7.6M real volume. Trust the prints.
#1
Binance
Binance
futures · 1 pairs
83% honest
$7.6Mreal / $9.3M claimed
Trade on Binance →
#2
OKX
OKX
futures · 2 pairs
87% honest
$7.1Mreal / $8.1M claimed
Trade on OKX →
#3
Bybit
Bybit
spot + futures · 4 pairs
77% honest
$4.4Mreal / $5.7M claimed
Trade on Bybit →
#4
Bitget
Bitget
futures · 1 pairs
79% honest
$673kreal / $851k claimed
Trade on Bitget →
◈ how we score it

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