marumaruNFT (MARU)
Gnosis (GNO)
aelf (ELF)
dogwifhat (WIF)
Starknet (STRK)
cDAI (CDAI)
Huobi BTC (HBTC)
UMA Price (UMA)
$1.60
1.32%
UMA Price Chart (UMA/USD)
Last updated 02 Aug 2023, 14:15PM UTC. Currency in USD.
Markets
| # | Exchange | Pair | Price | Spread | Volume(24h) | Trust |
|---|---|---|---|---|---|---|
| 1 |
 Binance |
UMA / USDT | $1.63 | 0.12% | $11,145,210 | |
| 2 |
 Bitrue |
UMA / BUSD | $1.61 | 1.29% | $322,506 | |
| 3 |
Binance |
UMA / BUSD | $1.50 | 0.20% | $300,077 | |
| 4 |
Binance |
UMA / TRY | $1.54 | 0.69% | $248,118 | |
| 5 |
 BtcTurk PRO |
UMA / TRY | $1.62 | 0.02% | $242,335 | |
| 6 |
 LBank |
UMA / USDT | $1.61 | 0.06% | $184,318 | |
| 7 |
 Gate.io |
UMA / TRY | $1.76 | 1.26% | $173,295 | |
| 8 |
 Bitget |
UMA / USDT | $1.58 | 0.06% | $160,421 | |
| 9 |
 OKX |
UMA / USDT | $1.59 | 0.13% | $149,352 | |
| 10 |
 Phemex |
UMA / USDT | $1.61 | 0.13% | $128,360 | |
| 11 |
 CoinW |
UMA / USDT | $1.61 | 0.17% | $118,313 | |
| 12 |
 Digifinex |
UMA / USDT | $1.64 | 0.18% | $117,592 | |
| 13 |
 Bitci |
UMA / TRY | $1.62 | 2.27% | $101,850 | |
| 14 |
 WhiteBIT |
UMA / USDT | $1.60 | 0.03% | $90,319 | |
| 15 |
 LATOKEN |
UMA / USDT | $1.61 | 0.31% | $87,820 | |
| 16 |
 BitMart |
UMA / USDT | $1.60 | 0.37% | $82,479 | |
| 17 |
Binance |
UMA / BTC | $2.37 | 0.32% | $71,700 | |
| 18 |
 Coinbase Exchange |
UMA / USD | $1.58 | 0.13% | $47,272 | |
| 19 |
Bitrue |
UMA / USDT | $1.60 | 0.06% | $47,242 | |
| 20 |
 Bithumb |
UMA / KRW | $1.62 | 0.52% | $47,100 | |
| 21 |
 Pionex |
UMA / USDT | $1.60 | 0.12% | $40,754 | |
| 22 |
 XT.COM |
UMA / USDT | $1.83 | 1.08% | $31,493 | |
| 23 |
 BingX |
UMA / USDT | $1.61 | 0.56% | $30,702 | |
| 24 |
BtcTurk PRO |
UMA / USDT | $1.61 | 0.48% | $26,638 | |
| 25 |
 Hotbit |
UMA / BTC | $2.07 | 1.01% | $24,385 | |
| 26 |
 ProBit Global |
UMA / BTC | $2.07 | 2.90% | $24,269 | |
| 27 |
 MEXC Global |
UMA / USDT | $1.58 | 0.19% | $19,930 | |
| 28 |
 Dcoin |
UMA / USDT | $1.62 | 0.11% | $19,743 | |
| 29 |
 AEX |
UMA / USDT | $1.63 | 0.37% | $18,493 | |
| 30 |
Gate.io |
UMA / USDT | $1.99 | 0.26% | $13,777 | |
| 31 |
 Crypto.com Exchange |
UMA / USDT | $1.63 | 0.46% | $12,609 | |
| 32 |
Hotbit |
UMA / USDT | $2.03 | 0.61% | $12,066 | |
| 33 |
 Bitvavo |
UMA / EUR | $1.60 | 0.16% | $9,933 | |
| 34 |
Coinbase Exchange |
UMA / EUR | $1.60 | 0.27% | $9,731 | |
| 35 |
 Huobi Global |
UMA / USDT | $1.61 | 0.19% | $9,036 | |
| 36 |
 CEX.IO |
UMA / EUR | $1.63 | 0.68% | $8,532 | |
| 37 |
 KuCoin |
UMA / USDT | $2.02 | 0.20% | $8,027 | |
| 38 |
MEXC Global |
UMA / ETH | $1.63 | 1.26% | $7,764 | |
| 39 |
 Kraken |
UMA / USD | $1.61 | 1.58% | $6,873 | |
| 40 |
 Bybit (Spot) |
UMA / USDT | $1.57 | 0.39% | $5,237 | |
| 41 |
Coinbase Exchange |
UMA / BTC | $1.61 | 0.22% | $4,946 | |
| 42 |
Coinbase Exchange |
UMA / GBP | $1.51 | 0.79% | $4,857 | |
| 43 |
 CoinEx |
UMA / USDT | $1.60 | 1.00% | $3,619 | |
| 44 |
LATOKEN |
UMA / BTC | $1.57 | 0.98% | $3,617 | |
| 45 |
 Bitstamp |
UMA / EUR | $1.74 | 0.35% | $3,521 | |
| 46 |
Kraken |
UMA / EUR | $1.62 | 0.34% | $3,245 | |
| 47 |
 TokoCrypto |
UMA / USDT | $1.94 | 0.16% | $3,157 | |
| 48 |
Crypto.com Exchange |
UMA / USD | $1.62 | 1.19% | $2,896 | |
| 49 |
CoinEx |
UMA / USDC | $1.93 | 0.89% | $2,714 | |
| 50 |
TokoCrypto |
UMA / BTC | $1.83 | 0.09% | $2,086 |
UMA Price Statistics
- UMA Price Now $2
- 24h Low / 24h High $2 / $2
- Trading Volume $4,174,276
- Market Cap Rank #232
- Market Cap $117,149,625
- Volume / Market Cap 0.0356
-
All-Time High
$42 -96.13%
Feb 04, 2021 -
All-Time Low
$0 429.48%
Apr 29, 2020
UMA Cryptocurrency: Expanding Financial Opportunities
Introduction
UMA cryptocurrency, short for Universal Market Access, is a decentralized financial platform built on the Ethereum blockchain. It aims to offer a wide range of financial instruments and empower individuals with greater control over their financial lives. UMA's innovative technology and unique features have made it an exciting prospect in the cryptocurrency market.
Advantages of UMA
1. Decentralized Financial Instruments: UMA allows users to create and trade various financial instruments, such as synthetic assets (cryptocurrencies pegged to real-world assets) and derivatives. These instruments facilitate efficient risk management, hedging, and leverage opportunities, bringing decentralized finance (DeFi) to a broader audience.
2. Priceless Synthetic Assets: UMA's core concept revolves around creating synthetic assets that do not require on-chain price feeds. Known as "priceless" assets, they are derived from time-based or off-chain data sources, minimizing the need for constant price updates and reducing potential manipulation risks.
3. Permissionless Design: UMA operates on a permissionless blockchain, enabling anyone with an internet connection to access its services. This inclusivity fosters financial inclusiveness, allowing individuals from all walks of life to participate in the UMA ecosystem without the need for intermediaries.
Use Cases
UMA's versatile framework opens up numerous use cases:
- Decentralized Derivatives Trading: UMA removes barriers to entry for derivatives trading, enabling users to create, trade, and settle financial contracts openly and transparently.
- Synthetic Assets: Users can create priceless synthetic assets, expanding the range of tradable assets and offering exposure to otherwise inaccessible markets.
- Insurance Solutions: UMA's design facilitates the creation of parametric insurance products that automatically pay out based on predefined events. This innovation has the potential to revolutionize the insurance industry by making claims processing more efficient and reducing costs.
Future Developments
The UMA team is continuously working on improving the platform and expanding its capabilities. Some future developments include:
- New Smart Contracts: UMA plans to deploy new smart contracts, enhancing the effectiveness and efficiency of its decentralized financial instruments.
- Greater Accessibility: The team will focus on improving user experience and simplifying the technical complexity associated with using UMA, making it accessible to a broader audience.
Conclusion
UMA cryptocurrency stands at the forefront of the DeFi revolution, offering decentralized financial instruments and opportunities previously unavailable. With its cutting-edge technology and commitment to innovation, UMA has the potential to reshape the financial landscape, empowering individuals to have greater control over their finances and explore new possibilities.