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Market Cap: $207,370,948
Market Cap Rank: #55
24hr Trading Volume: $2,694,745
7d Low / 7d High: $2.94 / $4.50
All Time High: $4.50 (July 26, 2020)
All Time Low: $0.303625 (April 29, 2020)
Circulating Supply: 53,020,240 UMA
What is UMA?
Universal Market Access is a decentralised oracle service and a synthetic asset issuance protocol built on Ethereum. Developers can use the set of Universal Market Access contracts to issue custom synthetic tokens that track assets such as local currencies, real world assets, or cross-chain assets. Universal Market Access relies on a network of liquidators and disputers to ensure that synthetic tokens remain pegged to the target price and that each token contract remains liquid. The Universal Market Access token (UMA) is an ERC-20 token that is used to govern oracle data feeds and the protocol itself. Deposit UMA now and get ready for trading to begin.