One

One is a centralized exchange. Reports $164,832 in 24-hour trading volume across all pairs. Its domain ranks #725,268 on Tranco — the one signal an exchange cannot type about itself. CoinGecko's own trust grade is 6/10 (their volume-authenticity check found the order book does not back the claim).

CustodyCustodial
KYCRequired
RegionItaly
Since2019
Websiteexchange.onetrading.com
24-hour volume$164,832
Tranco web rank#725,268
Proof of reservesUnknown
Reliability ratio (liquidity / Tranco)0.1× — volume scored in full (1× = the top-ten norm)
Data accessNo public read — depth known only through CoinGecko
Order-book depth (BTC, 0.1% of mid)Book request refused

Figures from the 28 October 2026 build snapshot. Open the live view for the current rankings.

What the ranking counts

Volume is a claim about a past that left no artifact. An order book is a claim about the present the exchange has to have standing there when you look. Tranco web rank is the one number nobody can type: it counts resolvers in the wild, not anything the venue reports. That is why the ranking uses web rank as the anchor and treats a deep book as a permission to keep a position, not a reason to promote one.