TipRanksCryptocurrencyWhat is the Price Of UMA?

What is the Price Of UMA?

UMA Price Chart

Current Price
$2.78
Price Change (24h)$0.02 (0.80%)
24h Low - 24h High$2.62 - $2.87
24h Volume$27.55M (9,904,842.00)
Market Cap$336.88M
Volume / Market Cap0.00381
Market Cap Dominance0.0110%
Circulation Supply87.37M
Total Supply121.98M
Max SupplyN/A
Hash RateN/A
All-Time High$59.00 (-95.23%)
1-Year Price Return55.96%
6-Month Price Return-25.88%
3-Month Price Return42.16%
1-Month Price Return4.89%
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UMA News & Analysis

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Vince CondarcuriCrypto Exchanges See a Big Jump in Stablecoins that Could Lead to FOMO
Annika MasraniBitcoin Could Soar Post-Election, Data Suggests Big Gains Ahead
Vince CondarcuriRiot Platforms (NASDAQ:RIOT) Slides despite a Rise in Bitcoin Production
Annika MasraniU.S. Election Sparks Anticipation for Bitcoin Price Swings
Vince CondarcuriBitfarms (NASDAQ:BITF) Slips After Bitcoin Production Falls 41%
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 $2.78.
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 121.98M coins.
What is UMA dominance?
UMA (UMA-USD) dominance is at 0.0110%.
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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
1.74T
Ethereum
393.43B
Solana
125.62B
Binance Coin
89.44B
Ripple
71.68B
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Index
Price & Change
S&P 500
Dow Jones Industrial Average
Nasdaq 100
TipRanks Momentum Index
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