Vindax

Vindax is a centralized exchange. Reports $37M in 24-hour trading volume across all pairs. Its domain ranks #541,055 on Tranco — the one signal an exchange cannot type about itself. CoinGecko's own trust grade is 2/10 (their volume-authenticity check found the order book does not back the claim).

CustodyCustodial
KYCRequired
RegionVietnam
Since2019
Websitevindax.com
24-hour volume$37M
Tranco web rank#541,055
Proof of reservesNo proof-of-reserves page
Reliability ratio (liquidity / Tranco)0.4× — volume scored in full (1× = the top-ten norm)
Liquidity size (thinner side of the book, ten largest markets, within 2% of mid)$467,260 across 8 markets
Liquidity / volumeliquidity within 2% of mid is 0.52% of daily volume on its top-10 markets; 0% of that volume sits beyond the book (worst DOGE/USDT at 0.21%, floor 0.13%) — within range · 1/3.5 of the top-ten norm
Data accessPublic order book, read directly, reaching ±1% of mid or further
Order-book depth (BTC, 0.1% of mid)$109,660 within 0.1% of mid

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.