Today we’re releasing our investigation into cryptocurrency volume on exchanges around the world. To see our live-updating results, visit.

CoinMarketCap has taken steps to identify fake volume, but there are still more to take. Studies like the one conducted by Bitwise Asset Management come up short in the other direction, filtering out too much real volume.

Alameda Research, a global liquidity provider and our partner in this investigation, has the expertise required to draw a meaningful line between real and fake crypto volume. This report is accompanied by an in-depth paper that documents our methodology and analysis, where you can dive into our criteria, scoring method, and results. You can also read the article Forbes wrote about the report.

Our goal is to provide FTX customers with more accurate data in order to make more informed decisions. We’re excited for the crypto community to use this report to navigate our cluttered ecosystem.