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uma UMA (UMA)

$2.00
3.51% (24H)
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Market CapVolumeAvailable Supply
$149.74 M $10.29 M74.49 M UMA

UMA current price is $2.00 with a marketcap of $149.74 M. Its price is 3.51% up in last 24 hours.

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 ERC 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... Read More

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# Exchange Pair Price Volume (24h) Updated Trust Score