Assets / For judges

The 90-second path through the evidence

Everything below is computed live from recorded data, not staged for this page. Click through each number to the page that backs it.

  1. 1
    5 bps — median gap between our independent venue composite and CMC's published price

    across 37 assets, computed with no knowledge of CMC's own number; widest is M at 35 bps.

  2. 2
    7 — markets returned twice by the API with conflicting prices

    in the latest capture, none flagged by CMC — a data-return bug, not a thin-venue quirk.

  3. 3
    79% — M perp volume held by one venue (KTX)

    the most concentrated asset right now.

  4. 4
    33 assets — OKX quotes off-market, and CMC does not exclude it

    822 of 899 captures, typically 81% below the median.

Reproduce it yourself: node --no-warnings --env-file=.env.local scripts/report.mjs prints every number above from the live recorded data. No CMC credits spent — it reads only what was already captured.

Raw, unedited API responses: scripts/out/ on GitHub. Tests: 105, node --no-warnings --test, offline.

What this doesn't show: whether CoinMarketCap's headline price actually uses the flagged rows, or whether any exchange's volume is real. See how this works for the rest of what has and hasn't been checked.

899 readings recorded since Sep 25, 16:52 UTC · latest reading Oct 15, 01:00 UTC.