◈   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 $1.4M real volume. Trust the prints.
#1
Binance
Binance
spot + futures · 2 pairs
87% honest
$1.4Mreal / $1.6M claimed
Trade on Binance →
#2
OKX
OKX
spot + futures · 4 pairs
92% honest
$313kreal / $341k claimed
Trade on OKX →
#3
Coinbase
Coinbase
spot · 1 pairs
73% honest
$83kreal / $113k claimed
Trade on Coinbase →
#4
Bitget
Bitget
futures · 1 pairs
58% honest
$43kreal / $75k claimed
Trade on Bitget →
#5
Bybit
Bybit
spot · 1 pairs
75% honest
$3kreal / $4k 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 →