◈   real vs reported volume · 30-day median

Where to trade ILV

Same coin, different tapes. We rank the venues that list ILV 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 ILV tape — 87% honest on $1.1M real volume. Trust the prints.
#1
Binance
Binance
spot + futures · 2 pairs
87% honest
$1.1Mreal / $1.3M claimed
Trade on Binance →
#2
Bitget
Bitget
futures · 1 pairs
65% honest
$69kreal / $106k claimed
Trade on Bitget →
#3
Coinbase
Coinbase
spot · 1 pairs
55% honest
$67kreal / $121k claimed
Trade on Coinbase →
#4
OKX
OKX
spot · 1 pairs
80% honest
$10kreal / $13k claimed
Trade on OKX →
#5
Bybit
Bybit
futures · 1 pairs
75% honest
$1kreal / $2k claimed
Trade on Bybit →
◈ how we score it

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