In March 2019 Bitwise showed the SEC that 71 of 81 exchanges listed on CoinMarketCap were faking it. About $6B a day in reported volume, roughly $273M of it real. The report even named the motive. A single listing could pay $1M to $3M, and volume is what sells listings. Same playbook runs on the marketing side now. KOL decks with cropped dashboards, "top trader" screenshots, volume charts nobody can check. I stopped trusting any number that shows up as a PNG. @primus_labs already built the opposite as a PancakeSwap Infinity hook. You prove your 30-day CEX spot volume clears a threshold with zkTLS, the proof gets verified onchain, and the hook cuts your swap fee 50% for 7 days in pools that use it. Neither Primus nor the pool ever sees your account or the exact number. That's the bar every "trust me, the numbers are good" pitch should have to clear. Dig into Primus: https://t.co/oI7QBzDyEF
Mr. XShare
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