◈   real vs reported volume · 30-day median

Where to trade RE

Same coin, different tapes. We rank the venues that list RE 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 RE tape — 73% honest on $397.3M real volume. Trust the prints.
#1
Binance
Binance
spot + futures · 2 pairs
73% honest
$397.3Mreal / $546.3M claimed
Trade on Binance →
#2
OKX
OKX
spot + futures · 5 pairs
72% honest
$199.5Mreal / $276.2M claimed
Trade on OKX →
#3
Bitget
Bitget
futures · 1 pairs
76% honest
$35.2Mreal / $46.6M claimed
Trade on Bitget →
#4
Coinbase
Coinbase
spot · 1 pairs
84% honest
$6.0Mreal / $7.1M claimed
Trade on Coinbase →
◈ how we score it

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