UMA UMA
Rank #533$0.4206
+1.66%
CoinGecko · just now
UMA Statistics
- Market Cap
- $38.13M
- 24h Volume
- $4.35M
- 24h High
- $0.4224
- 24h Low
- $0.4096
- Circulating Supply
- 90,676,611.891 UMA
- Max Supply
- Unlimited
- All-Time High
- $41.56
- All-Time Low
- $0.3036
About UMA
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
Frequently Asked Questions about UMA
What is UMA (UMA)?
UMA (UMA) is a cryptocurrency that can be traded on various exchanges. It has a current market capitalization of $38.13M, making it one of the notable digital assets in the crypto market.
What is the current price of UMA?
The current price of UMA (UMA) is $0.4206. Prices update in real-time based on market activity across major cryptocurrency exchanges.
Where can I buy UMA?
You can buy UMA (UMA) on major cryptocurrency exchanges such as Binance, Coinbase, and Kraken. Always use a reputable exchange and enable two-factor authentication to secure your account.
Is UMA a good investment?
Whether UMA is a good investment depends on your financial goals, risk tolerance, and research. Cryptocurrency markets are highly volatile. Always do your own research and consider consulting a financial advisor before investing.
