24h Vol | $20.99K |
---|---|
Liquidity | $251.96K |
Holders | 22.65K |
Age | 3 years |
FDV | $149.4M |
Market Cap | $103.9M |
About UMA Voting Token v1 (UMA)
UMA is a decentralized financial contracts platform built to enable Universal Market Access. UMA builds infrastructure for “priceless” financial contracts: DeFi contracts that minimize oracle usage, avoiding many of the security and scalability issues that have plagued decentralized finance. The first contracts built with UMA are priceless synthetic tokens: ERC20 tokens that can track anything while minimizing the need for on-chain price data. The UMA project token powers the system in two ways: Governance: UMA token holders govern what types of contracts can access the system, which asset types are supported, and key system parameters and upgrades. Price requests: the priceless methodology minimizes on-chain price requests but doesn’t eliminate them — when contract interactions are disputed, UMA token holders fulfill price requests via the Data Verification Mechanism, or DVM. UMA tokens enable the holder to participate in community governance and resolve contract disputes through the DVM. The tokens are not an investment opportunity.
UMA/WETH Price Stats
The current price of UMA (UMA/WETH) on Uniswap V3 is $1.1935, the price is up 0.63% in the last 24 hours. Its 24-hour trading volume is reported to be at $20,991.27 with a total of 47 transactions. UMA/WETH contract address is 0x157dfa656fdf0d18e1ba94075a53600d81cb3a97, with a Fully Diluted Valuation (FDV) of $148.57M and a liquidity pool of $251.96K.
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