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TipRanksCryptocurrencyWhat is the Price Of UMA?

What is the Price Of UMA?

UMA Price Chart

Current Price
$2.93
Price Change (24h)$0.02 (0.83%)
24h Low - 24h High$2.80 - $3.06
24h Volume$25.09M (8,567,763.00)
Market Cap$362.95M
Volume / Market Cap0.00275
Market Cap Dominance0.0090%
Circulation Supply86.19M
Total Supply122.14M
Max SupplyN/A
Hash RateN/A
All-Time High$59.00 (-94.96%)
1-Year Price Return59.91%
6-Month Price Return-15.24%
3-Month Price Return28.83%
1-Month Price Return10.71%
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UMA News & Analysis

Joel BagloleBitcoin (BTC) Options Worth $9.4 Billion Expire November 29
William WhiteWhen Will MicroStrategy Buy More Bitcoin?
Bernard ZamboninShould Investors Buy MicroStrategy Stock (MSTR) Instead of Bitcoin?
Vince CondarcuriHere Is Why Michael Saylor Believes that Bitcoin Will Hit $13M
Vince CondarcuriHow MicroStrategy (MSTR) ETFs Are Pushing Prime Brokers to Their Limits
Joel BagloleSEC Chair Gary Gensler to Step Down
Kody R. KesterHere’s Why Block (NYSE:SQ) Could be an Attractive Growth Stock to Buy
Vince CondarcuriFive-Star Analyst Praises Microstrategy’s (MSTR) Plan with $570 Price Target
Read the latest UMA news and analysis from the TipRanks news team.
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UMA FAQ

What is the price of one UMA?
The live price of UMA (UMA-USD) is $2.93.
What’s UMA All-Time High?
UMA's (UMA-USD) all-time high is $59.00.
What is the total supply of UMA?
The total supply of UMA (UMA-USD) is 122.14M coins.
What is UMA dominance?
UMA (UMA-USD) dominance is at 0.0090%.
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What is UMA?

UMA

UMA (Universal Market Access) aims to make financial markets universally accessible and enables developers to create any kind of financial contracts. With its optimistic oracle and dispute arbitration systems, arbitrary types of data can be brought on a chain. UMA’s oracle systems offer data for various projects such as insurance protocols, prediction markets, derivatives and a cross-chain bridge. Further, this optimistic oracle, known as the data verification mechanism (DVM), acts as the dispute resolution service for contracts built on the protocol. The DVM provides asset price at a requested time stamp only when participants on the network dispute the value of a collateral (that is backing a synthetic token). Thus, oracle usage is lowered, which boosts security and scalability of contracts. Some of UMA’s strategic partners include Bain Capital Ventures, Coinbase Ventures, Two Sigma Ventures and Badger DAO. The max supply of UMA tokens is capped at ~101.2 million.
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Leading Cryptocurrencies

Name
Price & Change
Market Cap
Bitcoin
1.81T
Ethereum
396.83B
Solana
131.49B
Ripple
129.10B
Binance Coin
86.88B
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Major Stock Indexes

Index
Price & Change
S&P 500
Dow Jones Industrial Average
Nasdaq 100
TipRanks Momentum Index
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