◈   real vs reported volume · 30-day median

Where to trade ID

Same coin, different tapes. We rank the venues that list ID 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 ID tape — 87% honest on $2.5M real volume. Trust the prints.
#1
Binance
Binance
spot + futures · 2 pairs
87% honest
$2.5Mreal / $2.9M claimed
Trade on Binance →
#2
Bybit
Bybit
spot + futures · 2 pairs
82% honest
$874kreal / $1.1M claimed
Trade on Bybit →
#3
Bitget
Bitget
futures · 1 pairs
79% honest
$631kreal / $800k claimed
Trade on Bitget →
#4
OKX
OKX
spot · 3 pairs
84% honest
$76kreal / $90k claimed
Trade on OKX →
◈ how we score it

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