Today's UMA Price Summary
UMA's price today is $2.08 USD, with a 24-hour trading volume of $8,775,839 USD. UMA is down -2.07% in the last 24 hours. UMA is currently ranked #228 with a market capitalization of $146,236,825 USD.
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Price
$2.08 (-2%)
All Time High
$41.56 (-95%)
Market Cap
$146,236,825
Volume (24h)
8,775,839
Circulating Supply
70,494,569 UMA
Max Supply
113,198,424 UMA
UMA's price today is $2.08 USD, with a 24-hour trading volume of $8,775,839 USD. UMA is down -2.07% in the last 24 hours. UMA is currently ranked #228 with a market capitalization of $146,236,825 USD.
UMA is the token native to the Universal Market Access (UMA) protocol. It powers the project by providing voter rights to its holders and resolving contract disputes. Hart Lambut created the project to boost financial innovation in the Decentralized Finance (DeFi) niche by allowing anyone worldwide to access financial risk.
UMA raised over 4 million from major capital investors in 2017, including Bain Capital and Dragonfly Capital, launching its token sale years later in 2020 via Uniswap.
The UMA protocol was designed as an open-source protocol that allows any two counterparties to design and create their own financial contract as it suits their needs by using concepts borrowed from Fiat financial derivatives.
UMA uses two crucial technologies to allow the creation of its synthetic derivatives on the Ethereum blockchain: priceless financial contract templates and a Data Verification Mechanism (DVM).
On February 4th, 2021 11:27:11 AM, UMA hit a historic high of $41.56 USD. It has been about 2 years ago since UMA reached its peak.
On April 29th, 2020 05:00:41 PM, UMA reached a bottoming price of $0.3036250000 USD. About 2 years ago has passed UMA has seen such a low price.
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