UMA (UMA) USD Price

UMA Price Data

UMA (UMA) currently has a price of $0.41 and is down -8.69% over the last 24 hours. The cryptocurrency is ranked 581 with a market cap of $38.2M. Over the last 24 hours, it saw $15.1M of trading volume. The token has a circulating supply of 92.8M tokens out of a total supply of 131.5M tokens.

UMA is a decentralized financial contracts platform built on Ethereum. The platform uses its native token, UMA, to support a decentralized oracle system and ecosystem. UMA allows users to create and trade synthetic assets using smart contracts, eliminating the need for intermediaries and reducing counterparty risk. It also provides templates and tools for easy creation of financial contracts.