◈   real vs reported volume · 30-day median

Where to trade WET

Same coin, different tapes. We rank the venues that list WET 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 WET tape — 81% honest on $1.6M real volume. Trust the prints.
#1
Binance
Binance
futures · 1 pairs
81% honest
$1.6Mreal / $2.0M claimed
Trade on Binance →
#2
OKX
OKX
spot + futures · 3 pairs
88% honest
$1.3Mreal / $1.5M claimed
Trade on OKX →
#3
Bybit
Bybit
spot · 1 pairs
81% honest
$274kreal / $338k claimed
Trade on Bybit →
#4
Bitget
Bitget
futures · 1 pairs
72% honest
$185kreal / $257k claimed
Trade on Bitget →
#5
Coinbase
Coinbase
spot · 1 pairs
70% honest
$48kreal / $69k claimed
Trade on Coinbase →
◈ how we score it

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