◈   real vs reported volume · 30-day median

Where to trade UMA

Same coin, different tapes. We rank the venues that list UMA by how much of their reported volume is actually real — so you trade where the book isn't faked.

Soli's reading
Binance runs the cleanest UMA tape — 87% honest on $1.6M real volume. Trust the prints.
#1
Binance
Binance
spot + futures · 2 pairs
87% honest
$1.6Mreal / $1.9M claimed
Trade on Binance →
#2
OKX
OKX
spot + futures · 4 pairs
91% honest
$340kreal / $373k claimed
Trade on OKX →
#3
Coinbase
Coinbase
spot · 1 pairs
79% honest
$66kreal / $84k claimed
Trade on Coinbase →
#4
Bitget
Bitget
futures · 1 pairs
61% honest
$36kreal / $58k claimed
Trade on Bitget →
#5
Bybit
Bybit
spot · 1 pairs
78% honest
$11kreal / $14k claimed
Trade on Bybit →
◈ how we score it

Honesty = estimated real volume ÷ reported volume for UMA on each venue, from five trade-tape fingerprints (timing, Benford, self-trade pairing, price-impact, size entropy). Pick the venue with the deepest real book, not the loudest reported number. How to buy UMA → · how to sell UMA → · full venue ranking → · compare two venues →