Bitcoin market transparency

It compares a venue's last USD price with CoinPaprika's reference price for the coin: (venue price ÷ reference price − 1) × 100. A positive number means the venue trades above the reference, a negative one below it. Each venue's price is as of its own order-book time, shown under Data status, so a delayed or stale feed can show a gap that has already closed.

Depth is the USD value of resting orders within ±1% or ±10% of the order book's midpoint. Bids (green) show buying interest, asks (red) selling interest, and combined depth is their sum. The combined total and the price range count only venues with a current order book (fresh or delayed); stale and excluded venues stay in the lists but are left out. Orders can be cancelled, so depth is not a guarantee of execution.

It describes the order-book feed we receive, not the exchange. Fresh: the book is at most 15 minutes old. Delayed: 15 minutes to 6 hours old. Stale: older than 6 hours, or the upstream marks the data as old. Excluded: the venue's price is an outlier, its volume is excluded from CoinPaprika's aggregates, or its price is more than 10% from the reference (from the median venue price when the reference is unavailable). None of these certify uptime, solvency, deposits or withdrawals.

This page shows only what can be observed directly: venue prices, order books and how old they are. It does not score exchanges. Exchange-level confidence scores are on exchange profiles, and the methodology explains how they are calculated. How the Exchange Confidence Score works