Pionex
Pionex is a centralized exchange. Reports $4.8B in 24-hour trading volume across all pairs. Its domain ranks #53,705 on Tranco — the one signal an exchange cannot type about itself. CoinGecko's own trust grade is 8/10.
Wash-suspect: high reported volume against thin traffic or a low CoinGecko trust score. The site ranks this venue below every clean venue.
| Custody | Custodial |
|---|---|
| KYC | Required |
| Region | British Virgin Islands |
| Since | 2019 |
| Website | www.pionex.com |
| 24-hour volume | $4.8B |
| Tranco web rank | #53,705 |
| Proof of reserves | Reported to publish, no verified link — a claim with nothing to show, scored 0 |
| Reliability ratio (liquidity / Tranco) | 18× — volume scored at 1/18 (1× = the top-ten norm) |
| Liquidity / volume | too few pairs measured |
| Data access | Public order book, but too shallow to cover ±0.1% of mid |
| Order-book depth (BTC, 0.1% of mid) | $22M within 0.1% of mid (floor — book stopped before the band) |
Figures from the 25 September 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.
Pairs from our own build snapshot (0)
No curated markets are recorded for Pionex on this build. The exchange's own site is the primary place to browse its pair list; the ranking gathers markets by ASSET, so this section fills in as coins Pionex trades appear in the top-N snapshot.