What is UMA (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.
How does UMA work?
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.
What is UMA used for?
The tokens are not an investment opportunity.
Where can you buy UMA?
UMA (UMA) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for UMA sit on tier-1 venues - the sort of exchanges where institutional desks and professional market makers rebalance continuously - which is what keeps the spread tight and the last price tied closely to fair value.
You can open the Markets section above to see the live list of exchanges quoting UMA, sorted by 24-hour volume. Each row links to the venue's trade page so you can go directly from research to execution without copying the ticker around by hand.
What is the daily trading volume of UMA (UMA)?
The reported 24-hour trading volume of UMA is $8.45M. Volume is a live reading of how much UMA changed hands across all tracked exchanges in the past day and tends to rise during periods of price discovery and fall during consolidation.
For traders, the ratio between volume and market cap is often more informative than either number on its own: a high vol-to-mcap ratio indicates liquid, actively traded supply, while a low ratio suggests that most holders are sitting on the asset.
What is the highest and lowest price for UMA (UMA)?
UMA reached an all-time high of $41.56 on February 4, 2021, and an all-time low of $0.3036 on April 29, 2020. It is currently trading -98.83% from its peak and +60.68% from its bottom.
The distance from ATH is a useful gauge of recovery potential during a bear market and of stretched positioning during a bull market. Combined with the all-time-low figure it provides a quick statistical frame for thinking about where UMA sits in its long-run price range.
What is the market cap of UMA (UMA)?
UMA's market capitalization is currently $44.00M, and it is ranked #547 by market cap on Cryptopricing. Market cap is calculated as the current price multiplied by the circulating supply (90.33 million UMA are actively circulating today).
Market cap is a common but imperfect measure. It reflects the theoretical value of every circulating token at the current market price, but it doesn't capture how thin the top of the order book might be - an important caveat for tokens with low floats or illiquid cap tables.
What is the fully diluted valuation of UMA (UMA)?
The fully diluted valuation (FDV) of UMA is $62.66M. FDV is a projection of what the market cap would be if every token that will ever exist - including those that have not yet been unlocked, mined or issued - were in circulation at the current price.
FDV is a useful second reading alongside market cap. A large gap between mcap and FDV signals that future token emissions could dilute current holders, while a small gap indicates that supply is already mostly out.
How does the price performance of UMA compare against its peers?
Over the past 24 hours, UMA has moved -4.60%. Over the past seven days, the change is +2.14%. Comparing these figures to the global crypto market cap change (shown in the ticker at the top of this page) tells you whether UMA is leading, lagging or tracking the broader market.
For deeper analysis, the categories strip on the home page groups coins by theme - Layer 1, Meme, DePIN, AI, RWA and so on - and lets you compare UMA against its closest peers. The category detail pages surface the underlying coins and their seven-day sparklines in a single view.
How to store UMA?
Like any crypto asset, the right way to store UMA depends on how often you plan to use it. Long-term holders typically self-custody using a hardware wallet such as Ledger or Trezor, which keeps private keys offline and immune to most remote attacks.
For active traders, a reputable custodial exchange wallet can be appropriate, especially one with clear proof-of-reserves attestations. Whatever approach you choose, the most important rule is to keep your recovery phrase offline, never share it, and never enter it into a web form or attached to a DM - no legitimate support agent will ever ask for it.
