◈   real vs reported volume · 30-day median

Where to trade MAV

Same coin, different tapes. We rank the venues that list MAV 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 MAV tape — 88% honest on $1.4M real volume. Trust the prints.
#1
Binance
Binance
spot + futures · 2 pairs
88% honest
$1.4Mreal / $1.6M claimed
Trade on Binance →
#2
Bybit
Bybit
futures · 1 pairs
79% honest
$107kreal / $134k claimed
Trade on Bybit →
#3
Bitget
Bitget
futures · 1 pairs
63% honest
$54kreal / $85k claimed
Trade on Bitget →
◈ how we score it

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