Messari, an analytical and research company, which provides current reports from the world of cryptocurrency, presented a new information panel for its OnChainFX dashboard service (a certain analogue of CoinMarketCap).
Now this informational service shows the column “Real 10 Volumes” in addition to the usual data on market capitalization, trading volumes, and prices. This is an indicator of real trading volumes from 10 exchanges that, according to Messari, can be trusted.
This is very important news for two reasons. First, the company named exchanges whose reports can be trusted: Binance, Bitfinex, Bitflyer, Bitstamp, Bittrex, Coinbase Pro, Gemini, itBit, Kraken and Poloniex. Secondly, it will be possible to analyze projects and their cryptocurrencies more evenhandedly. In our opinion, the pricing of some coins will even become more transparent.
Indicators of the reported daily volume and “real volume from TOP-10” are very different. We would even say that the numbers seem to be from different universes. Naturally, the daily trading volume clearly exceeds the figures from the TOP-10 exchanges. But when we see the difference is more than 35 times, as, for example, in the case of Litecoin (LTC) as of March 27, 2019, we have a desire to focus on the lopped data, rather than the full.