• Market Cap
    $389.261B 3.43%
  • POW Market Cap
    $298.966B 5.69%
  • POS Market Cap
    $19.787B 2.40%
  • Masternodes Market Cap
    $1.249B 0.66%

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.

This data was last updated 2020-10-22 07:22:07 UTC

Details

MarketCap
445.025M
MarketCap 24hr Change
0.49%
MarketCap Rank
41
Total Supply
101072793.85084
Circulating Supply
55.318M
Volume
21.936M
ATH
27.54
Launched
N/A

Technical Details

Blockchain
N/A
Consensus
N/A
Staking APR
N/A
Block Time
N/A
Algorithm
N/A
$8.05
0.68%
$445.025M
Marketcap
$21.936M
Volume
101.073M UMA
Total Supply
55.318M UMA
Circ. Supply
24H
0.68%
7D
-3.76%
30D
-28.38%
Last 7D
-3.76%

Official Community