UMA
+3.36%
($226.65 M)
28.84%
22.06%
5.15%
4.52%
4.17%
3.94%
3.10%
2.08%
1.67%
1.56%
The UMA token is a notable part of the UMA project, a devised platform for financial contracts, focused on Universal Market Access. The introduction of a Priceless methodology to the system allows the token to decrease chain price requests frequency, resulting in the easing of contract dispute processes. UMA token holders have the facility to address price requests using the Data Verification Mechanism (DVM). Furthermore, owning UMA tokens facilitates participation in community governance and interaction with contract disputes inside the DVM. The UMA project platforms its framework for 'priceless' financial contracts in the DeFi sector. The contracts are designed with the aim to enhance oracle efficiency and confront issues related to security and scalability commonly observed in decentralized finance. Base structure for fabricating 'priceless' synthetic tokens, such as ERC20 tokens, is provided via UMA contracts, thus reducing the requirement for on-chain price data. As a holder of UMA tokens, you have the capacity to determine the types of contracts that can engage with the system and to influence the types of assets the system could accommodate along with possible improvements of significant system parameters.
To purchase UMA, Flooz.xyz offers a streamlined process. Traders can purchase UMA via Flooz.xyz using a smooth checkout, without the need to own a wallet. Tap tap go! All payment methods are supported. Using Flooz self-custodial web wallet, you ensure seamless UMA transactions, including storing, sending, and receiving tokens. You can create a self-custodial wallet directly on Flooz using your email, Google, and Apple ID in a matter of seconds. This also ensures that you have access over your funds at all times, thanks to the power of cryptography. Flooz.xyz aggregates more than 50+ providers to ensure you with the fastest and cheapest payment routes for your UMA trades. This seamless and optimized trading experience has captivated over 85,000 active traders on Flooz.xyz.
UMA Metrics:
Current price: $2.4442
Market cap: $294.07 M
All-time high: $41.56 (Feb 4, 2021)
All-time low: $0.3 (Apr 29, 2020)
Daily trading volume: $32.16 k
801.15 k
We estimated the value of this pool based on the value of its stable/native coins.
Top 5 pools out of 10
UMA / WETH
$255.46 k / $172.6 k
UMA / WETH
$162.38 k / $162.23 k
UMA / WETH
$12.64 k / $12.83 k
UMA / WETH
$11.51 k / $11.4 k
UMA / WETH
$44.16 / $52.6
In the last 24h, UMA holders generated $32.16k volume.