UA Download
Market cap: $2.62T ↓0.9% 24h volume: $76.8B BTC dominance: 60.0% BTC: $78,388 ↑1.9% ETH: $2,321 ↑2.6% Fear & Greed: 34 Fear Updated

Coins

UMA UMA

#637

$0.345−0.1% 24hMarket cap $31.2M24h volume $1.05M

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Overview

  • Best flexible rates

    • Gate 13.2%
    • Binance 1.5%
    • Bybit 0.8%

    All rates (4) →

  • Active launchpools

    No active launchpools with UMA right now

  • Next unlock

    No scheduled unlocks

  • Exchanges with this coin

About UMA

Market cap
$31.2M
#637 on the market
Volume 24h
$1.05M
3.4% of market cap
Circulating
92.7M UMA
no max supply
All-time high
$41.56
4 Feb 2021 · −99.2% from ATH
All-time low
$0.304
29 Apr 2020
Type
Oracle
DeFi
  • Decentralized Finance (DeFi)
  • Oracle
  • Derivatives
  • Synthetic Issuer
  • +5

Website ↗ · Explorer ↗ · X ↗ · GitHub ↗

On Polarly: flexible rates up to 13.2% on 4 exchanges

Project description

UMA is a decentralized financial contracts platform built to enable Universal Market Access.

Read more

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.

Source: CoinGecko

Earn on UMA (4)

Flexible rates · 4

Exchange APY Link to the exchange
Gate 13.2%
Binance 1.5%
Bybit 0.8%
OKX 0.8%

The effective rate for your amount is in the Polarly app's calculator. Partner link.

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Questions and answers

What is the best Earn rate for UMA?
The best flexible rate is 13.2% on Gate: you can withdraw at any time.
What is the fixed-term Earn rate for UMA?
There are no fixed-term products for UMA available right now.
Which exchanges let you stake UMA?
4 products on 4 exchanges: Gate, Binance, Bybit, OKX.
What is UMA (UMA)?
UMA is a decentralized financial contracts platform built to enable Universal Market Access. Categories: Decentralized Finance (DeFi), Oracle, Derivatives, Synthetic Issuer, Avalanche Ecosystem, Ethereum Ecosystem, Blockchain Capital Portfolio, Synthetic, Made in USA, Governance.
How many UMA are there and what is the maximum supply?
92.7M UMA are in circulation; the maximum supply is not capped.
What is the all-time high price of UMA?
$41.56 (4 Feb 2021). This is a historical value, not the current price. The price is now $0.345, 99.2% below the high.

Launchpools with UMA

There have been no launchpools with UMA