UMA
24h
7d
30d
UMA
24h
7d
30d
Market Cap and Supply
Market Cap
$307,528,227
−2.89%
Fully Diluted Market Cap
$325,403,216
−2.89%
Circulating Supply
101,207,423
Supply Availability
Availabile
94.51%Not availablele
5.49%Trading Statistics24h
Volume
$12,899,820
13.01%
Open
$3.123
Low
$2.8524
High
$3.2284
Close
$3.0386
Liquidity
Bids vs Asks (1% depth)
$269,188.35
$227,599.17
All Times
All time high
$41.56
All time low
$0.30362
ATH
Current Price
$3.038594
ATL
6.62%
Social24h
Lists
868
Followers
45,964
Statuses
1,665
Likes
0
Talks
0
Post Daily
0
Comments
0
Subscribers
0
Development24h
Github
Stars
233
Subscribers
23
Github Issues
Closed
857
Open Total
93
Closed Pull Req.
2,397
General Information
Sector
DeFi
No. of Exchanges
17
No. of Pairs
About UMA
What Is UMA?
UMA is an Ethereum token that describes itself as “an open-source protocol that allows developers to design and create their own financial contracts and synthetic assets.” The protocol’s name comes from the team’s goal of creating universal market access (UMA).UMA builds open-source infrastructure for “priceless” financial contracts on Ethereum. Specifically,used to create synthetic tokens and (DVM) decentralized oracle service. Together, these two technologies enable the creation of fast, efficient, and secure synthetic derivatives on the Ethereum blockchain. These financial contracts are designed to ensure proper collateralization by counterparties without the use of an on-chain price feed. They can do so by providing rewards to counterparties or third parties for identifying improperly collateralized positions. To confirm that these positions are improperly collateralized, these contracts may rely on a “Data Verification Mechanism” (DVM), a decentralized oracle service available to respond to price requests made by financial contracts that are registered with it.