Vindax

Vindax is a centralized exchange. Reports $33M in 24-hour trading volume across all pairs. Its domain ranks #525,677 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$33M
Tranco web rank#525,677
Proof of reservesNo proof-of-reserves page
Reliability ratio (liquidity / Tranco)0.2× — volume scored in full (1× = the top-ten norm)
Liquidity size (thinner side of the book, ten largest markets, within 2% of mid)$308,557 across 9 markets
Liquidity / volumeliquidity within 2% of mid is 0.44% of daily volume on its top-10 markets; 5% of that volume sits beyond the book (worst XLM/USDT at 0.11%, floor 0.13%) — within range · 1/3.1 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)$86,526 within 0.1% of mid

Figures from the 10 November 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.