◈   real vs reported volume · 30-day median

Where to trade NIGHT

Same coin, different tapes. We rank the venues that list NIGHT 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 NIGHT tape — 87% honest on $7.5M real volume. Trust the prints.
#1
Binance
Binance
spot + futures · 2 pairs
87% honest
$7.5Mreal / $8.6M claimed
Trade on Binance →
#2
OKX
OKX
spot + futures · 4 pairs
86% honest
$5.4Mreal / $6.3M claimed
Trade on OKX →
#3
Bybit
Bybit
spot + futures · 3 pairs
85% honest
$2.1Mreal / $2.5M claimed
Trade on Bybit →
#4
Bitget
Bitget
futures · 1 pairs
73% honest
$324kreal / $444k claimed
Trade on Bitget →
◈ how we score it

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