| General information | |
|---|---|
| Global rank: | 229 |
| Name: |
UMA |
| Symbol: | UMA |
| Current coin price (XAU): | 0.000802 XAU |
| Last hour: | arrow_upward1.44 % |
| Last 24 hours: | arrow_downward-1.21 % |
| Last 7 days: | 12.59 %trending_up |
| Capitalisation (XAU): | 66 580.10 XAU |
| Volume 24h (XAU): | 8 390.41 XAU |
| Available supply: | 82 971 536.00 UMA |
| Algorithm: | ETH Token |
| Start date: | 09/01/2020 |
UMA/Gold (troy ounce) (UMA/XAU) price chart
UMA/Gold (troy ounce) (UMA/XAU) 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.