◈   real vs reported volume · 30-day median

Where to trade RAY

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

Soli's reading
OKX runs the cleanest RAY tape — 87% honest on $954k real volume. Trust the prints.
#1
OKX
OKX
spot + futures · 4 pairs
87% honest
$954kreal / $1.1M claimed
Trade on OKX →
#2
Binance
Binance
spot · 1 pairs
86% honest
$855kreal / $995k claimed
Trade on Binance →
#3
Bitget
Bitget
futures · 1 pairs
78% honest
$493kreal / $634k claimed
Trade on Bitget →
#4
Coinbase
Coinbase
spot · 1 pairs
76% honest
$85kreal / $112k claimed
Trade on Coinbase →
◈ how we score it

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