Today's UMA Price Summary
UMA's price today is $2.55 USD, with a 24-hour trading volume of $19,988,574 USD. UMA is up 4.56% in the last 24 hours. UMA is currently ranked #278 with a market capitalization of $213,625,552 USD.
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Ranked # 278
Price
$2.55 (5%)
All Time High
$41.56 (-94%)
Market Cap
$213,625,552
Volume (24h)
19,988,574
Circulating Supply
83,907,716 UMA
About UMA
UMA is the token native to the Universal Market Access (UMA) protocol. It powers the project by providing voter rights to its holders and resolving contract disputes. Hart Lambut created the project to boost financial innovation in the Decentralized Finance (DeFi) niche by allowing anyone worldwide to access financial risk.
UMA raised over 4 million from major capital investors in 2017, including Bain Capital and Dragonfly Capital, launching its token sale years later in 2020 via Uniswap.
The UMA protocol was designed as an open-source protocol that allows any two counterparties to design and create their own financial contract as it suits their needs by using concepts borrowed from Fiat financial derivatives.
UMA uses two crucial technologies to allow the creation of its synthetic derivatives on the Ethereum blockchain: priceless financial contract templates and a Data Verification Mechanism (DVM).
Discover more about Universal Market Access by exploring our comprehensive article entitled "What is Universal Market Access (UMA)," written to provide insight into this topic.
What is UMA All-Time High price (ATH)?
On February 4th, 2021 11:27:11 AM, UMA hit a historic high of $41.56 USD. It has been about 3 years ago since UMA reached its peak.
What is UMA All-Time Low price (ATL)?
On April 29th, 2020 05:00:41 PM, UMA reached a bottoming price of $0.3036250000 USD. About 4 years ago has passed UMA has seen such a low price.
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