◈   real vs reported volume · 30-day median

Where to trade USD1

Same coin, different tapes. We rank the venues that list USD1 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 USD1 tape — 91% honest on $163.9M real volume. Trust the prints.
#1
Binance
Binance
spot · 1 pairs
91% honest
$163.9Mreal / $180.1M claimed
Trade on Binance →
#2
Coinbase
Coinbase
spot · 1 pairs
76% honest
$4.4Mreal / $5.8M claimed
Trade on Coinbase →
#3
OKX
OKX
spot · 1 pairs
77% honest
$160kreal / $208k claimed
Trade on OKX →
#4
Bybit
Bybit
spot · 1 pairs
70% honest
$43kreal / $61k claimed
Trade on Bybit →
◈ how we score it

Honesty = estimated real volume ÷ reported volume for USD1 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 USD1 → · how to sell USD1 → · full venue ranking → · compare two venues →