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Fake volume is a long-running concern in crypto. When we looked into it: 1) there's lots of fake volume 2) there's lots of real volume 3) it's not always obvious on priors My prior is that BSC would be majority real volume, but not confident; good to see real digging!

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1/ There has been a lot of accusations regarding fake activity towards Binance Smart Chain (BSC) the past few weeks, but little evidence We actually researched BSC user & economic activity and compared to other DEXs - here's what we found Thread

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3:31 AM · Mar 15, 2021Twitter Web App

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wash trading

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Luigi D'Onorio DeMeo

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Great thread of exchange volumes

@TheReal_Crypto

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Agreed. Great analysis.

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Sam, Add nasdaq and others countries index futures on ftx, please

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iTradeSmart - adamsee.eth

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King 👑

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Bring out those FTX cards so I can be the first to use it and buy a Harley with these gains 🤙 oh and my first gaming computer

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I also saw a lot of fake volume. But from the look of it, the fake volume is NOT free. They are partially losing the arb and/or the spread.

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So really how fake is the fake volume if it doesn't really have meaningful difference with real volume...

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Define fake volume. Surely you don’t expect every tx to be reflected on the blockchain

The Unpopular Investor

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