
UMA current market price is $0.712 with a 24 hour trading volume of $4,936.91K. The total available supply of UMA is 127.18M UMA. It has secured Rank 557 in the cryptocurrency market with a marketcap of $63.52M. The UMA price is 0.26% up in the last one hour.
The high price of the UMA is $0.718 and low price is $0.696 in the last 24 hours. Live prices from all markets and coin market Capitalization. Stay up to date with the latest price movements. Check our coin stats data and see when there is an opportunity to buy or sell at best price in the market.
557
$0.712
$63.52M 2.23%
$90.63M
$4,936.91K
89.14M UMA
127.18M UMA
(Not Available)
$0.718
$0.696
$41.56 98.29%
04 Feb 2021
$0.304 134.64%
29 Apr 2020
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0.26%
2.21%
2.66%
2.16%
8.54%
34.24%
43.48%
73.58%
No historical data available for .
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UMA is a decentralized financial contracts platform built to enable Universal Market Access.UMA builds infrastructure for “priceless” financial contracts: DeFi contracts that minimize oracle usage, avoiding many of the security and scalability issues that have plagued decentralized finance. The first contracts built with UMA are priceless synthetic tokens: ERC20 tokens that can track anything while minimizing the need for on-chain price data.The UMA project token powers the system in two ways:Governance: UMA token holders govern what types of contracts can access the system, which asset types are supported, and key system parameters and upgrades.Price requests: the priceless methodology minimizes on-chain price requests but doesn’t eliminate them — when contract interactions are disputed, UMA token holders fulfill price requests via the Data Verification Mechanism, or DVM.UMA tokens enable the holder to participate in community governance and resolve contract disputes through the DVM. The tokens are not an investment opportunity.
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