◈   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 $1.1M real volume. Trust the prints.
#1
Binance
Binance
spot + futures · 2 pairs
87% honest
$1.1Mreal / $1.2M claimed
Trade on Binance →
#2
OKX
OKX
spot + futures · 2 pairs
87% honest
$582kreal / $666k claimed
Trade on OKX →
#3
Bitget
Bitget
futures · 1 pairs
68% honest
$350kreal / $515k claimed
Trade on Bitget →
#4
Coinbase
Coinbase
spot · 1 pairs
86% honest
$145kreal / $169k claimed
Trade on Coinbase →
#5
Bybit
Bybit
spot · 1 pairs
69% honest
$3kreal / $5k claimed
Trade on Bybit →
◈ 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 →