Identified wallets only. Customer debts are not included.
Warning signs and trading health
Warning-sign score26.0/100Higher means more warning signs.
Health score62.0/100Higher means smoother trading.
Weak trading conditions; buy–sell gap 0.06%; 7-day trading change +5.6%
Trading data from 2026-09-08. Scores worked out on 2026-09-15. How much data we have: 57/100. These scores do not tell you the chance of failure, or whether the exchange can pay back its customers.
Bitfinex
How Bitfinex trades, how much money moves through its wallets, and what it publishes about itself.
Beyond the ten busiest pairs
See whether the quieter trading pairs still have orders behind their prices.
Other measured pairsOutside this venue’s ten busiest measured pairs98
Share of tradingTheir share of the measured 24-hour trading10.39%
Share of nearby ordersTheir share of orders within 2% on both sides21.30%
Typical support for sellingMiddle pair’s visible buy orders within 2% below price$104.99k
Typical support for buyingMiddle pair’s visible sell orders within 2% above price$96.35k
Typical price gapMiddle pair’s gap between the best buy and sell quote0.25%
Less than $10,000 on either side21 of 98 pairs have fewer nearby orders on at least one side21.43%
These are the covered pairs, not every listed coin. Less traded here does not mean a small market cap. Visible orders can change; they do not guarantee the price of a trade.
How much can this reading tell us?
Confidence in the evidence available for this page. It is not a safety rating or a chance of survival.
Data coverage · Tier 2 · 14 of 20 core questions have evidence (70%). This tier measures available information, not exchange health. Some evidence is partial or historical.
57/100
Evidence confidence
Evidence confidence
Where the evidence is strongest
Coverage is limited to 20 core questions. It does not cover every exchange risk, wallet behaviour or trading-quality check.
Money held, money moving.
Inflow minus outflow in the tracked wallet set.
Transfers can include custody changes as well as customer activity.
This window overlaps the seven-day reading; do not add them.
Reported open interest. Separate from spot trading.
Reported activity in derivatives.
Over seven days, net transfers of $178.99m entered the tracked wallets. That is 0.9% of the assets currently visible. This is movement in a labelled wallet set, not a count of customer withdrawals.
Net transfers outNet transfers in
24 hours
−$7.43m
7 days
+$178.99m
30 days
+$289.85m
These windows overlap. Their bars show direction and size; they should not be added together.
Official Nov11 2022 announcement links this wallet list and describes planned proof technology. Wallet balances are not a third-party attestation, customer-liability comparison or proof of solvency. Legacy registry attestation label was unsupported.
Company documents and useful links
These are company publications. A link establishes that material is published; it does not verify every claim in it.
Published reserve materialTrading feesTrading, and the orders waiting near the price
the price
$237m
$210m resting88.7% of a day's trading
Orders waiting near the price add up to $210m, equal to 88.7% of a day's trading.
Orange is a day's trading. Blue is the buy and sell orders waiting within 2% of the price, drawn to the same scale. We could read 100% of what Bitfinex reports, across its busiest 108 trading pairs.
How much it trades, and how many orders stand behind it
A day's trading, the orders waiting near the price, and how the two compare.
Across 108 trading pairs and 55 coins we could read.
Buy and sell orders together. Rank 18 of 122 among the exchanges we could read.
Rank 91 of 122. The typical exchange: 3.8x.
What this meansBitfinex does not show that problem: its price gap and its waiting orders tell the same story. Its average price gap is 0.065%, rank 68 of 122 from smallest. A small price gap does not mean many orders are waiting behind it.
All five trading checks together
This score combines five checks on how well the exchange trades. It knows nothing about what the exchange owes or holds for customers, so it is not a safety score.
Mixed market readings
The last seven days of trading against the seven days before, counted in bitcoin rather than dollars.
The last seven days of trading against the same seven days a month earlier, counted in bitcoin.
$92.0m, or 39% of the trading we could read.
Compared with exchanges its own size
Comparing a small exchange with Binance tells you little. These are the exchanges closest to it in daily trading ($225m to $242m), and how much each trades per $1 of waiting orders.
What this meansThe typical exchange of this size trades 4.0x per $1 of waiting orders. That is the fairer comparison.
What it leans on.
How much of its trading runs through one pair, whether its orders sit mostly on one side, and what is left without Bitcoin and Tether.
39% of its trading. Its top three pairs make up 76%.
0% means the orders are even on both sides. Higher means it is easier to buy than to sell, or the other way round.
of its trading is left, and 18% of its waiting orders.
In the news
Recent stories about Bitfinex. Use the numbers on this page to check them.
- Bitfinex Securities raises $50 million in push to offer tokenized nickel tradingCoinDesk · 27 Aug 2026regulatory penalty
- Bitfinex Securities Lists Tokenized Notes Tied to Bitcoin StocksCoinTrust · 04 Sep 2026regulatory penalty
- Bitfinex Reports Historical Bearish Trend for BitcoinCoinfomania · 03 Sep 2026regulatory penalty
- Bitcoin downside looks limited above $76,350: Bitfinex analystsCryptonews.net · 02 Sep 2026regulatory penalty
What it publishes, and what we cannot tell you
This is a search state, not evidence about how much the venue holds or owes.
Trading pairs with stale or odd prices, left out of every number here.
Nothing here says what this exchange owes or holds for customers. Trading data cannot answer that.
More about Bitfinex
Company records, how it operates, and what we still do not know.
What supports this company view
Available evidenceTrading size, Depth, Price gap, Book balance, Largest pair, Bitcoin share, Market breadth, Pair coverage, Seven-day history, Thirty-day history, Tracked assets, One-day flow, Seven-day flow, Thirty-day flow14 of 20 questions
Customer balances and company debtsFull company liabilities have not been established.Read the scope
Questions still openDirect reserve material, Disclosure frequency, Customer balance scope, Dated per-asset reserve ratios, Measured withdrawal completion, Measured service interruptionsExcluded from conclusions
What could change the reading?A deeper book can disappear; transfers can be custody changes; a reserve report covers its stated date and scope. Repeated measurements and matched company reports strengthen the evidence.Follow the change