◈   real vs reported volume · 30-day median

Where to trade NOT

Same coin, different tapes. We rank the venues that list NOT 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 NOT tape — 88% honest on $4.7M real volume. Trust the prints.
#1
Binance
Binance
spot + futures · 2 pairs
88% honest
$4.7Mreal / $5.3M claimed
Trade on Binance →
#2
OKX
OKX
spot + futures · 4 pairs
92% honest
$1.7Mreal / $1.9M claimed
Trade on OKX →
#3
Bybit
Bybit
spot + futures · 4 pairs
87% honest
$748kreal / $862k claimed
Trade on Bybit →
#4
Bitget
Bitget
futures · 1 pairs
75% honest
$360kreal / $478k claimed
Trade on Bitget →
◈ how we score it

Honesty = estimated real volume ÷ reported volume for NOT 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 NOT → · how to sell NOT → · full venue ranking → · compare two venues →