5) It is much better than their volume metric: only about 30% of the top exchanges by liquidity are fake, vs literally 95% fake for volume. But that says more about their volume metric than their liquidity metric.
Conversation
10) Shameless plug time! I think that ftx.com/trade/BTC/USD and ftx.com/trade/USDT/USD would probably be among the higher liquidity spot markets in the world. , want to get around to listing FTX's spot markets? has them!
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11) I still think ftx.com/volume-monitor is the best list but with a bunch of cleanup work either CoinMarketCap or CoinGecko could overtake it. We may have to add in a liquidity metric soon!
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If you had to, what guesstimate would you say is the real volume that's traded?
Spot and futures
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I think ftx.com/volume-monitor is pretty close. It's missing a few spots of real volume, so probably add another 20% or so, which would get something like $10b futures and $5b spot or something like that, but obviously depends on the day.
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Yeah that's probably the biggest omission at this point. We'll get it added soon.