UMA is designed to power the financial innovations made possible by permissionless, public blockchains, like Ethereum. Using concepts borrowed from fiat financial derivatives, UMA defines an open-source protocol that allows any two counterparties to design and create their own financial contracts. But unlike traditional derivatives, UMA contracts are secured with economic incentives alone, making them self-enforcing and universally accessible.
Market share | 0.08% |
Proof type | — |
24h Open | $8.23 |
24h Low | $8.15 |
24h High | $9.43 |
Price in BTC | 0.00025544992511 BTC |
Current Supply | 101,123,168 UMA |
Market cap | $882,906,368 |
24h Volume (coin) | 360,652 UMA |
24h Volume (currency) | $3,131,330 |
24h Total volume (coin) | 1,018,280 UMA |
24h Total volume (currency) | $8.87M |
Last updated | 2020-11-24 20:14:19 +00:00 GMT |
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