◈   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 $980k real volume. Trust the prints.
#1
Binance
Binance
spot + futures · 2 pairs
87% honest
$980kreal / $1.1M claimed
Trade on Binance →
#2
Bybit
Bybit
futures · 1 pairs
85% honest
$364kreal / $426k claimed
Trade on Bybit →
#3
OKX
OKX
spot · 1 pairs
81% honest
$78kreal / $97k claimed
Trade on OKX →
#4
Coinbase
Coinbase
spot · 1 pairs
56% honest
$32kreal / $57k claimed
Trade on Coinbase →
#5
Bitget
Bitget
futures · 1 pairs
65% honest
$16kreal / $25k claimed
Trade on Bitget →
◈ 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 →