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UMA UMA

UMA Price (UMA)
$2.50
4.33% Buy UMA Now

0.0007 ETH

0.0000373 BTC

Buy UMA Now
Low: $2.33
High: $2.50
24h
Market Cap
$205,197,665
4.33%
Fully Diluted Market Cap
$299,049,077
4.33%
Volume
24h
$36,148,386
26.29%
Volume / Market Cap
0.1762
Circulating Supply
82,106,362 UMA
Max Supply
--
Total Supply
120,327,646

UMA (UMA) Social Signals & Traffic Tracker

X Stats
Visit Twitter

Followers

0.00%

Joined at Dec 02, 2018

Following

10

0.00%

Tweet count

4,732

0.15%

UMA reddit
Reddit Stats

Subscribers

-

Subreddit type

-

Moderators

-

Currently, official UMA (UMA) Reddit Stats account doesn’t exist or wasn’t submitted. 🔆 Submit Now

UMA telegram
Telegram Stats

Members

-

Title

-

Currently, official UMA (UMA) Telegram Stats account doesn’t exist or wasn’t submitted. 🔆 Submit Now

UMA traffic
Website Traffic
Visit Website

Website Rating (DR)

68 / 100

1.49%

Ahrefs Rank

138,917

2.65%

Organic Traffic (mo.)

0

UMA github
GitHub Organization
Visit GitHub

Public repos

Created at Jun 24, 2018

Type

Organization

UMA github
GitHub Public Repository

Stars

-

Watchers

-

Forks

-

Language

-

Currently, official UMA (UMA) GitHub Public Repository doesn’t exist or wasn’t submitted. 🔆 Submit Now

These are the project's quantitative metrics of its Organizational GitHub Public account that can be used to trace regular or artificial development activity & growth within the project.

These are the project's quantitative metrics of its official GitHub Public Repositories that can be used to trace regular or artificial development activity, growth & popularity of the project.

These are the project's quantitative metrics of its official Telegram account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official X account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official Reddit account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project website's metrics based on Ahrefs Rank. They're used to trace website activity & growth within the project. DR (Domain Rating) metric is a sign of the project's website reputability that is ranked from 0 to 100 (the higher the rank, the better reputability). Organic Traffic - is a metric of how many monthly users visit the project's website via search engines. All these metrics are used for determining active or passive projects despite the artificial hype.

Followers : 72,603


Live UMA Price Analysis

The current real time UMA price is $2.50, and its trading volume is $36,148,386 in the last 24 hours. UMA price has grew by 4.33% in the last day, and increased by 20.79% in the last 7 days. It’s important to note that current UMA market capitalization is $205,197,665, Talking about circulating supply, UMA has 82,106,362 coins. Currently, UMA rank on the market is #205.

UMA price today is 94.24% below all time high, and it is 142.47% above all time low.

All data and prices are updated in real-time. The most active and popular exchanges for buying or selling UMA are Binance, Kucoin & Kraken. Find more crypto exchange options on our Crypto Exchange Tracker. The most secure hardware wallets for keeping your cryptocurrency safe are Ledger and Trezor.

What is UMA?

The UMA token is a governance token native to the Universal Market Access (UMA) platform. The latter is a completely decentralized financial contracts platform.

UMA is based on the ERC-20 token standard and it’s deployed on the Ethereum blockchain.

This governance token allows holders to cast their vote on proposals related to price requests or system upgrades.

The UMA token incentivizes holders to vote by providing an inflationary bonus. This bonus is distributed among active UMA voters. It’s equal to 0.05% of the current token supply.

There is a total supply of 105,000,000 UMA tokens. During an ICO, 2,000,000 tokens were distributed as follows:

  • 48,500,000 - Co-founders;
  • 35,000,000 - Developers;
  • 14,500,000 - Future Sales.

Since UMA is a cryptocurrency, its price tends to fluctuate. In order to make an informed purchase decision, you can have a more in-depth look at the UMA price history, or the current UMA price, on the graph above.

Besides the governance token, the UMA crypto project has also launched a synthetic token ETHBTC, and a yield token.

What are the Main Features of UMA?

As mentioned in the What is UMA section, UMA stands for Universal Market Success. In essence, it enables the creation of collateral-backed synthetic assets based on the Ethereum network.

A quick refresher - synthetic assets, or synths, are tokenized derivatives that echo the value of another asset based on the tokens reference index.

This is where UMA comes in - it allows users to create tokenized derivatives based on self-executing financial contracts. These contracts come in the form of financial smart contract templates a.k.a. Expiring Multi-Party-EMP. 

Moreover, traditional financial derivatives can be easily digitized on UMA. Synthetic assets issued by UMA have an expiry date and run on the Ethereum blockchain.

In order to create a new synthetic asset, users must comply with specific requirements and confirm that these steps have been completed:

  • Identify the price of the asset;
  • Create smart contract terms;
  • Set an expiration date;
  • Deposit the required amount of collateral.

Once the synth is created, its positions will be secured via financial incentives.

The UMA crypto project also comes with an integrated optimistic oracle called the Data Verification Mechanism, or DVM. This means that UMA’s smart contracts can quickly receive price information. However, its oracle is not used on a day-to-day basis for collateralization. The reasoning for this is that oracles can be easily disabled, manipulated, or hacked. Instead, DVM assists in resolving liquidation disputes, as well as settling synth contracts.

Besides, a decreased usage of oracles translates to lower fees.

There are 3 participants within the UMA ecosystem: sponsors, liquidators, and disputers.

One of the main goals of the project is to democratize the financial derivatives market without sacrificing decentralization. It can be seen reflected in the name of the project - Universal Market Success.

To reach this goal, the co-founders of the project have chosen the Ethereum network due to its accessibility. In other words, it provides the opportunity to create tokenized derivatives on a global scale. It’s secured through a Proof-of-Work (PoW) consensus mechanism.

UMA has gone through an in-depth audit by OpenZeppelin.

Some of the projects powered by UMA include Polymarket, ShapeShift, Boba Network, and Bankless DAO, among many others.

Before making any purchase decisions, make sure to do proper research. You can do so by checking out the UMA price history and other statistics in the section above.

Who Developed UMA?

The UMA crypto project was launched in late 2018 by co-founders Allison Lu and Hart Lambur.

Allison Lu successfully completed her studies at the Massachusetts Institute of Technology and earned her B.Sc. in Economics and Management. Prior to co-founding UMA, Allison worked in the finance industry as a consultant, and later took the role of vice president at Goldman Sachs, where she met Hart Lambur. Later, she worked as a VP of credit and risk analytics at Tala. Besides UMA, Allison Lu was also a member of a co-founding team of Pledger.

Hart Lambur earned his B.Sc. in computer science at Columbia University in the City of New York. During his studies, he also worked as a teaching assistant and research assistant at the same university. After graduating, Hart started working at Goldman Sachs. Besides the UMA crypto project, he played a role in founding Openfolio and Pledger.

Chriss Burniske, Christopher Tonetti, Jill Carlson, and Noah Jessop take on the roles of advisors and mentors.

Some of the UMA investors include Fintech Collective, Coinbase Ventures, and Blockchain Capital, among many others.

What's UMA trading volume in the last 24 hours?

UMA has a trading volume of $36,148,386 in the last 24 hours.

What's UMA highest price ever?

UMA has a highest price of $43.37, which was reached on Feb 04, 2021 (3 years 5 months ago ).

What's UMA lowest price ever?

UMA has a lowest price of $1.03, which was reached on Dec 11, 2022 (1 year 7 months ago ).

What are the best exchanges for buying and selling UMA?

Currently, the most active and dominating exchanges for buying and selling UMA are Binance, Kraken & Kucoin. The most popular UMA trading pairs are UMA/USDT (on Huobi Global ), UMA/USDT (on Binance ), UMA/USD (on Coinbase ). Head to the Crypto Deal Directory to access custom & exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.

What are the safest hardware wallets for keeping UMA?

According to an in-depth review process and testing, Ledger and Trezor are one of the safest and most popular hardware wallet options for keeping UMA. For exclusive discounts and promotions on best crypto wallets, visit Crypto Deal Directory.

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Current market Price of a specific cryptocurrency.

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The cryptocurrency's market Price changes in percent within the last 24 hours (1 day).

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The highest historical cryptocurrency value.

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The lowest historical cryptocurrency value.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

Learn this metric

FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

Learn this metric

FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

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It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

Learn this metric

It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

Learn this metric

The current cryptocurrency Market Capitalization Dominance among all other cryptocurrencies in the market.

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The ratio of Volume and Market Capitalization values.

The ratio of Volume and Market Capitalization values.

Publicly circulating amount of specific cryptocurrency coins/tokens that were mined or issued to date, and are not locked/staked (are available to be traded publicly).

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Verified Data

UMA project's Circulating Supply has been verified and is equal to:

Circulating Supply

82,106,362 UMA

The absolute theoretical maximum number of coins/tokens that is coded and will ever exist in the cryptocurrency's lifetime. Similar to stock market's Fully Diluted Shares.

Note: Max Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

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The quantity of all coins/tokens that have ever been issued (even if the coins are locked), minus all coins/tokens that have been removed from circulation (burned). The Total Supply is similar to stock market's Outstanding Shares.

Total Supply = All Issued Coins - Burned Coins.

Note: Total Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

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