| General information | |
|---|---|
| Global rank: | 359 |
| Name: |
UMA |
| Symbol: | UMA |
| Current coin price (ERN): | 10.74 ERN |
| Last hour: | arrow_downward-1.26 % |
| Last 24 hours: | arrow_downward-2.17 % |
| Last 7 days: | -4.88 %trending_down |
| Capitalisation (ERN): | 961 694 265.00 ERN |
| Volume 24h (ERN): | 105 231 870.00 ERN |
| Available supply: | 89 518 201.00 UMA |
| Algorithm: | ETH Token |
| Start date: | 09/01/2020 |
UMA/Eritrean Nakfa (UMA/ERN) price chart
UMA/Eritrean Nakfa (UMA/ERN) capitalisation and volume charts
UMA is designed to power the financial innovations made possible by permissionless, public blockchains, like Ethereum. Using concepts borrowed from fiat financial derivatives, UMA defines an open-source protocol that allows any two counterparties to design and create their own financial contracts. But unlike traditional derivatives, UMA contracts are secured with economic incentives alone, making them self-enforcing and universally accessible.