UMA Price Today

Price UMA to USD now is $3.98. Trading volume by 24-hours $12.844,432. UMA, which_ranked #251 price is down -0.04% in the past 24-hours. UMA has circulating supply of $0 and have $314.505,998 capitalization. In additional, total supply is $78.946,351.

Highest price for UMA

The all-time high price of UMA is $41.56, the record was set on the 0.

Lowest price for UMA

UMA all-time low price is $0.304, the record was set on 0.

How much has the price of UMA changed lately?

7 days ago the price was $4 , this changed the UMA price by 7.62966%

14 days ago the price was $4 , this changed the UMA price by 9.05119%

30 days ago the price was $5 , this changed the UMA price by 16.23656%

60 days ago the price was $4 , this changed the UMA price by 4.30057%

1 days ago the price was $7 , this changed the UMA price by -70.07884%

What is 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 DVM. The tokens are not an investment opportunity.