on what basis should anyone believe such a ludicrous number represents legitimate skin-in-game volume and not a handful of fee-free bots trading SQL queries bac

on what basis should anyone believe such a ludicrous number represents legitimate skin-in-game volume and not a handful of fee-free bots trading SQL queries back and forth without ever touching a fiat ramp? none of these self-reported volume numbers should be considered remotely realistic. exchanges have every incentive to cook their metrics in favor of "volume" to draw in fresh meat.