UMA
UMA price
4.26381 USD
-3.14%
0.00006036 BTC
Financial indicators UMA
- Rank: 240
- Market Cap: 335850000 $
- 24 Hour Volume: 25665100 $
- Total Supply: 118490000
- Circulating Supply: 78767500 (66%)
What is UMA?
UMA, or Universal Market Access, is a protocol for the creation of synthetic assets based on the Ethereum (ETH) blockchain. UMA was launched in December 2018.
Synthetic assets are a class of assets that represent different, underlying assets and have the same value. UMA specifically enables its users to design and create self-executing, self-enforcing financial contracts secured by economic incentives and run them on Ethereum’s blockchain.
In essence, UMA allows counterparties to digitize and automate any real-world financial derivatives, such as futures, contracts for differences (CFDs) or total return swaps. It also enables the creation of self-fulfilling derivative contracts based on digital assets, like other cryptocurrencies.
- https://umaproject.org
- https://github.com/UMAprotocol
- https://twitter.com/UMAprotocol
- https://coinmarketcap.com/currencies/uma/
Chart UMA
Technical analysis
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