UMA (UMA)

market_cap_rank: 425 | coingecko_rank: null

Current Price

get_current_price()

$1.39 +1.18%

24h_range: $1.34 - $1.40

Price Changes

get_price_changes()

24h

+1.18%

+13.36%

14d

+17.99%

30d

+20.48%

-35.76%

Market Data & Supply

get_market_data()

market_cap

$123806240

fully_diluted_valuation

$175111994

volume_24h

$21038893

get_supply_info()

circulating_supply

88795259

total_supply

125592336

max_supply

null

All-Time Records

get_ath_data()

All-Time High

$41.56

change: -96.65%

date: 2021-02-04

get_atl_data()

All-Time Low

$0.30

change: +358.78%

date: 2020-04-29

About UMA

get_description()

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.

Additional Information

get_basic_info()

homepage

https://uma.xyz/