Identified wallets only. Customer debts are not included.
Warning signs and trading health
Warning-sign score28.0/100Higher means more warning signs.
Health score55.9/100Higher means smoother trading.
Few orders in smaller coins; buy–sell gap 0.39%; 7-day trading change -12.7%
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.
HashKey Global
How HashKey Global 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 pairs20
Share of tradingTheir share of the measured 24-hour trading55.40%
Share of nearby ordersTheir share of orders within 2% on both sides60.42%
Typical support for sellingMiddle pair’s visible buy orders within 2% below price$4.26k
Typical support for buyingMiddle pair’s visible sell orders within 2% above price$4.26k
Typical price gapMiddle pair’s gap between the best buy and sell quote0.43%
Less than $10,000 on either side13 of 20 pairs have fewer nearby orders on at least one side65.00%
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.
Over seven days, net transfers of $198.96k left the tracked wallets. That is 1.8% 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
+$7.30k
7 days
−$198.96k
30 days
−$1.63m
These windows overlap. Their bars show direction and size; they should not be added together.
Trading, and the orders waiting near the price
the price
$231k
$796k resting345.3% of a day's trading
Orders waiting near the price add up to $796k, equal to 345.3% 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 HashKey Global reports, across its busiest 30 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 30 trading pairs and 30 coins we could read.
Buy and sell orders together. Rank 108 of 122 among the exchanges we could read.
Rank 108 of 122. The typical exchange: 3.8x.
What this meansHashKey Global does not show that problem: its price gap and its waiting orders tell the same story. Its average price gap is 0.387%, rank 107 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.
Broad support across the measured 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.
$8k, or 3% 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 ($177k to $338k), and how much each trades per $1 of waiting orders.
What this meansThe typical exchange of this size trades 0.4x 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.
7% of its trading. Its top three pairs make up 19%.
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 0% of its waiting orders.
In the news
Recent stories about HashKey Global. Use the numbers on this page to check them.
Nothing naming this exchange came up in the last three weeks. Quiet is not the same as clear.
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 HashKey Global
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