UMA price today is $23.25

in #uma-price5 years ago

IMG_20210317_231150.jpg

UMA price today is $23.25 with a 24-
hour trading volume of $67,720,171. UMA price is down -2.4% in the last 24 hours. It has a circulating supply of 57 Million UMA coins and a max supply of 102 Million. Coinbase Pro is the current most active market trading it.
What is UMA?
UMA is an infrastructure that lets users deploy and trade synthetic assets on Ethereum with minimal use of an on-chain price feed (See oracle). UMA positioned itself as the “priceless” derivatives platform and relied on a system of economic incentives.
UMA allows anyone to create collateral-backed synthetic assets on-chain including S&P 500, Gold, Tesla stock, etc.

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