◈   real vs reported volume · 30-day median

Where to trade IMU

Same coin, different tapes. We rank the venues that list IMU by how much of their reported volume is actually real — so you trade where the book isn't faked.

Soli's reading
Coinbase runs the cleanest IMU tape — 80% honest on $59k real volume. Trust the prints.
#1
Coinbase
Coinbase
spot · 1 pairs
80% honest
$59kreal / $74k claimed
Trade on Coinbase →
#2
Bybit
Bybit
spot · 1 pairs
68% honest
$1kreal / $2k claimed
Trade on Bybit →
◈ how we score it

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