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 | 0.07% |
Proof type | — |
Open | $6.74 |
Low | $6.71 |
High | $7.35 |
Price in BTC | 0.00020704435667 BTC |
Current Supply | 101,102,176 UMA |
Market cap | $725,307,008 |
24h Volume (coin) | 115,509 UMA |
24h Volume (currency) | $814,041 |
Last updated | 2020-11-06 19:04:30 +00:00 GMT |
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