

UMA (UMA)

Details about UMA cryptocurrency
€132,328,321 ( 0.11428%)
€6,063,330
116,028,685
74,490,470
52.152
Unknown
https://umaproject.org
@UMAprotocol
5385x
€9585.32
UMA price charts
UMA exchanges
UMA, the crypto
UMA (Universal Market Access) is a decentralized financial contracts platform built on top of Ethereum blockchain designed to allow for the creation, maintenance, and settlement of financial contracts that are versatile, autonomous, and provide price transparency.
The point
The main point of UMA is to provide the tools to enable trustworthy and secure financial contracts to exist between two or more parties without the need for intermediaries, which leads to a greater degree of automation and more efficient financial markets.
The problem
UMA tries to solve the problem of imbalanced power dynamics and high fees observed on traditional financial markets by giving all market participants an equal opportunity to create their own financial contracts with any economic exposure they desire.
Compare UMA and BTC performance
Timeframe | UMA | BTC |
---|---|---|
1h change | 0.0395912 % | -0.270842 % |
24h change | -0.02 % | 2.041 % |
7 day change | 5.35 % | 7.05474 % |
14 day change | 13.49 % | 8.51874 % |
30 day change | 27.55 % | 12.7527 % |
200 day change | -9.48 % | 46.4956 % |
Year change | 9.24 % | 125.872 % |