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 | 0.16% |
| Proof type | — |
| Open | $7.86 |
| Low | $7.75 |
| High | $8.09 |
| Price in BTC | 0.00059623159661 BTC |
| Current Supply | 101,079,256 UMA |
| Market cap | $790,035,456 |
| 24h Volume (coin) | 84,474 UMA |
| 24h Volume (currency) | $664,681 |
| Last updated | 2020-10-26 06:04:54 +00:00 GMT |
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