# Identify wash trading and volume quality

Evaluate an asset's volume-to-liquidity ratio. If the USD volume substantially exceeds the depth of the order books (a high volume-to-depth ratio), it suggests that the genuine market demand isn't accurately represented by the current trading volume, hinting at possible wash trading.

<figure><img src="https://lh7-eu.googleusercontent.com/docsz/AD_4nXeJdFwMMCK50roqhpGx0rzDsqa0VQVgpVsd5y_MKPrC0tYD6qkFqrJO4qAIQh1rkA0iWFCTO3QBKnx9qk-neFtf4HiZ6jrtYtcl64kY7ahG4WOm3r4f2qk3M_GSc7v-qk85k180WQxqFpI106yAWaUnpaqn?key=yKeDMZ63ctoLut6nyqnEtA" alt=""><figcaption></figcaption></figure>

The liquidity-volume-ratio is significantly higher on Bitforex.

### <mark style="color:blue;">How to build the request</mark>

With the Market Metrics **Asset endpoint,** you can use the following parameters to source the specific information you're looking for:

| Paramater   | Value                    |
| ----------- | ------------------------ |
| asset       | ltc                      |
| start\_time | 2023-12-28T00:00:00.000  |
| end\_time   | 2024-01-28T00:00:00.000Z |
| interval    | 1d                       |
| sources     | true                     |

You can find specific asset codes from our [instruments explorer](https://instruments.kaiko.com/#/instruments) or [reference data](https://docs.kaiko.com/#assets).

Here's an example of an HTTP string request using the values above:

<https://us.market-api.kaiko.io/v2/data/analytics.v2/asset_metrics?start_time=2023-12-28T00:00:00.000Z&end_time=2024-01-28T00:00:00.000Z&asset=ltc&sources=true&interval=1d>

When you receive your response, search for the following fields to find the data you need:

* total\_off\_chain\_volume\_usd
* buy\_market\_depths - bid\_volume\_1
* sell\_market\_depths - ask\_volume\_1


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# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://docs.kaiko.com/getting-started/kaiko-examples/identify-wash-trading-and-volume-quality.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.