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VTRADER offers you many options to buy UMA:

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FAQ

Who is the founder of UMA coin?

Former Goldman Sachs traders Hart Lambur and Allison Lu founded UMA in 2018. They took inspiration from more conventional financial derivatives when designing the protocol to facilitate decentralized online risk transfer.

What is the all-time low for UMA coin?

The record low price of one UMA coin was $0.3036 on April 29, 2020.

What is the all-time high price for UMA?

The highest price ever reported for UMA was $44.99 on February 4, 2021.

How many UMA coins are there?

The current supply of UMA tokens is 84 million. The overall market capitalization of UMA is $226,437,898, as estimated by multiplying the token price by the circulation supply.

When was UMA coin launched?

UMA was launched in 2018. Risk Labs developed the project and Hart Lambur and Allison Lu co-founded it.

What is the UMA coin?

UMA, a protocol and token based on Ethereum, enables developers to create financial contracts and digital assets. Universal market access, risk transfer, and the creation of decentralized, insecure financial contracts are its main goals.

What is the max supply of UMA?

UMA has a maximum supply of 121.47 million tokens. The current supply of UMA tokens is 83.11 million.

Is UMA decentralized?

The UMA operates on a decentralized basis. The Ethereum blockchain serves as its foundation, enabling users to generate and manage financial contracts without depending on a central authority. Users can create decentralized, trustless contracts with this open-source system.

What is the rank of UMA coin?

CoinMarketCap currently ranks UMA at no 196, boasting a live market capitalization of $228,286,096 USD.

Is UMA a blockchain?

UMA is an Ethereum-based protocol, not a separate blockchain. It simplifies the process of creating, issuing, and settling derivatives for various assets. The growing demand for synthetic assets could potentially enhance the usefulness and significance of UMA, however influencing its market value.