-4.83%

Market Change

$2 126 155 745 946.57

Total Market Cap

$361 234 914 547.94

Total Volume

15522

Cryptocurrencies

147 GWEI

163 GWEI

206 GWEI

Ethereum gas price

39.86%

BTC Dominance


UMA

UMA -3.62%

24h Change

$1 423 663 007.83

Market Cap

$67 483 142.77

24h Volume

$22.85

Current Price

Tech Specs

Last historical data: 2021-01-22T08:14:05.000Z

Decimal places: 0

Algorithm:

Prooftype:

Country origin:

Genesis date:

Liquidity score: 48.992

Publi interest score: 0.008

Community score: 8.284

Developer score: 82.641

Coingecko score: 47.17

Market cap rank: 59

Coingecko rank: 73

Alexa rank: 96214

Bing matches: 0

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.