◈   real vs reported volume · 30-day median

Where to trade ZRX

Same coin, different tapes. We rank the venues that list ZRX 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 ZRX tape — 87% honest on $1.6M real volume. Trust the prints.
#1
Binance
Binance
spot + futures · 2 pairs
87% honest
$1.6Mreal / $1.8M claimed
Trade on Binance →
#2
OKX
OKX
futures · 1 pairs
88% honest
$569kreal / $643k claimed
Trade on OKX →
#3
Coinbase
Coinbase
spot · 1 pairs
85% honest
$190kreal / $223k claimed
Trade on Coinbase →
#4
Bybit
Bybit
spot · 1 pairs
83% honest
$61kreal / $74k claimed
Trade on Bybit →
#5
Bitget
Bitget
futures · 1 pairs
60% honest
$49kreal / $82k claimed
Trade on Bitget →
◈ how we score it

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