◈   real vs reported volume · 30-day median

Where to trade LDO

Same coin, different tapes. We rank the venues that list LDO 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 LDO tape — 88% honest on $15.6M real volume. Trust the prints.
#1
Binance
Binance
spot + futures · 2 pairs
88% honest
$15.6Mreal / $17.7M claimed
Trade on Binance →
#2
Bybit
Bybit
spot + futures · 3 pairs
90% honest
$10.0Mreal / $11.1M claimed
Trade on Bybit →
#3
OKX
OKX
spot + futures · 4 pairs
91% honest
$4.2Mreal / $4.6M claimed
Trade on OKX →
#4
Bitget
Bitget
futures · 1 pairs
85% honest
$1.3Mreal / $1.5M claimed
Trade on Bitget →
#5
Coinbase
Coinbase
spot · 1 pairs
68% honest
$193kreal / $283k claimed
Trade on Coinbase →
◈ how we score it

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