UMA current price is €0.00000.

Furthermore, we provide you with the price chart and historical data for UMA (UMA) at the bottom of this page. Before we get there, we provide you with the upcoming agenda as well as some backgrounds and info on UMA.

The UMA agenda

In order to provide you with an accurate overview of coming UMA agenda items and events, you'll find our UMA agenda below.

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If you are interested in the agenda items for other cryptocurrencies and/or the most important economic items on the macro-economic agenda, please visit our calendar page.

What is UMA?

UMA is a decentralized financial contracts platform built to enable Universal Market Access. UMA builds infrastructure for “priceless” financial contracts: DeFi contracts that minimize oracle usage, avoiding many of the security and scalability issues that have plagued decentralized finance. The first contracts built with UMA are priceless synthetic tokens: ERC20 tokens that can track anything while minimizing the need for on-chain price data.

Who created UMA?

UMA was co-founded by Hart Lambur and Allison Lu, who met on the Goldman Sachs trading floor.
In 2005, Lambur graduated from Columbia University with a computer science degree. In addition to co-founding UMA, he is also the CEO and co-founder of Risk Labs, the company in charge of developing the Universal Market Access protocol.
Prior to UMA and Risk Labs, Lambur worked as a research assistant at Columbia and as a government bond trader at Goldman Sachs. He has also founded and headed Openfolio, a personal finance tracking platform which he sold to Stone Ridge Asset Management in 2017.
Allison Lu has received a degree in Economics and Management from the Massachusetts Institute of Technology.
Between 2009 and 2015, she worked as a vice president at Goldman Sachs, where Lu and Lambur met. Afterward, Lu worked as the VP of credit & risk analysis at the financial services mobile app Tala. She was also an advisor at One Daijo, an Ethereum-based peer-to-peer lending platform.

What is the purpose of UMA (UMA)?

The UMA project token powers the system in two ways:
Governance: UMA token holders govern what types of contracts can access the system, which asset types are supported, and key system parameters and upgrades.
Price requests: the priceless methodology minimizes on-chain price requests but doesn’t eliminate them — when contract interactions are disputed, UMA token holders fulfill price requests via the Data Verification Mechanism, or DVM.

UMA (UMA) nowadays

The main idea behind Universal Market Access is reflected in its name: by developing a protocol for the creation of synthetic assets and financial contracts on the blockchain, it seeks to democratize and decentralize the financial derivatives market.
The traditional financial markets have high barriers to entry in the form of regulations and custody requirements, which tend to preclude individuals from participating in them. It is often especially difficult for would-be traders and investors to take part in markets outside of their local financial system. This prevents the emergence of a truly inclusive global financial market and limits participation to a handful of institutions that can afford the necessary due diligence and legal procedures.
UMA contracts, on the other hand, are based on Ethereum’s blockchain, whose permissionless nature allows any user to create, run and trade digitized derivatives from anywhere in the world. This accessibility is especially important for the developing economies around the globe, where financial institutions are frequently far from maturity, forcing local market participants into relative isolation.

The future of UMA (UMA)

UMA tokens enable the holder to participate in community governance and resolve contract disputes through the DVM. The tokens are not an investment opportunity.

Besides UMA (UMA) is the renowned cryptocurrency (measured by market capitalisation). This cryptocurrency has become more and more popular over years. Given the plans for the future, many insiders have high expectations of the UMA (UMA) price. Of course you can trade and/or invest in UMA (UMA) as well. On this page you'll find basic statistics and characteristics of UMA (UMA). Furthermore you'll find info regarding the UMA (UMA) price, basic technical analysis and a brief explanation of the story of UMA (UMA)

Current UMA (UMA) price

Please see below the UMA price chart as provided by our home broker.

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Onchain Metrics UMA (UMA)

If you want to perform a technical analysis of UMA and decide whether it is the right time to trade or invest, please check the on-chain metrics as provided by our partners of Into the Block.

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These On-chain metrics are updated once a day (rondabout 11 pm est, which is 5 am Dutch time). If you want to check the latest update, please dive deeper into the On-chain metrics of our metrics partner IntotheBlock.io.

Furthermore, we provide you with the price chart and historical data for UMA (UMA) at the bottom of this page. Before we get there, we provide you with the upcoming agenda as well as some backgrounds and info on UMA.

The UMA agenda

In order to provide you with an accurate overview of coming UMA agenda items and events, you'll find our UMA agenda below.

baseUrl = "https://coinmarketcal.com/en/api/widget?limit=5&coins=UMA&sortBy=created_desc&eventEvenColor=9D9696&eventOddColor=FFFFF&bordersColor=00FC65&textColor=000000" var scripts = document.getElementsByTagName("script"); var embedder = scripts [ scripts.length - 1 ]; (function (){ var appName = encodeURIComponent(window.location.hostname); if(appName==""){appName="local";} var s = document.createElement("script"); s.type = "text/javascript"; s.src = baseUrl + "&app=" + appName; s.async = true;embedder.parentNode.appendChild(s); })();

If you are interested in the agenda items for other cryptocurrencies and/or the most important economic items on the macro-economic agenda, please visit our calendar page.

What is UMA?

UMA is a decentralized financial contracts platform built to enable Universal Market Access. UMA builds infrastructure for “priceless” financial contracts: DeFi contracts that minimize oracle usage, avoiding many of the security and scalability issues that have plagued decentralized finance. The first contracts built with UMA are priceless synthetic tokens: ERC20 tokens that can track anything while minimizing the need for on-chain price data.

Who created UMA?

UMA was co-founded by Hart Lambur and Allison Lu, who met on the Goldman Sachs trading floor.
In 2005, Lambur graduated from Columbia University with a computer science degree. In addition to co-founding UMA, he is also the CEO and co-founder of Risk Labs, the company in charge of developing the Universal Market Access protocol.
Prior to UMA and Risk Labs, Lambur worked as a research assistant at Columbia and as a government bond trader at Goldman Sachs. He has also founded and headed Openfolio, a personal finance tracking platform which he sold to Stone Ridge Asset Management in 2017.
Allison Lu has received a degree in Economics and Management from the Massachusetts Institute of Technology.
Between 2009 and 2015, she worked as a vice president at Goldman Sachs, where Lu and Lambur met. Afterward, Lu worked as the VP of credit & risk analysis at the financial services mobile app Tala. She was also an advisor at One Daijo, an Ethereum-based peer-to-peer lending platform.

What is the purpose of UMA (UMA)?

The UMA project token powers the system in two ways:
Governance: UMA token holders govern what types of contracts can access the system, which asset types are supported, and key system parameters and upgrades.
Price requests: the priceless methodology minimizes on-chain price requests but doesn’t eliminate them — when contract interactions are disputed, UMA token holders fulfill price requests via the Data Verification Mechanism, or DVM.

UMA (UMA) nowadays

The main idea behind Universal Market Access is reflected in its name: by developing a protocol for the creation of synthetic assets and financial contracts on the blockchain, it seeks to democratize and decentralize the financial derivatives market.
The traditional financial markets have high barriers to entry in the form of regulations and custody requirements, which tend to preclude individuals from participating in them. It is often especially difficult for would-be traders and investors to take part in markets outside of their local financial system. This prevents the emergence of a truly inclusive global financial market and limits participation to a handful of institutions that can afford the necessary due diligence and legal procedures.
UMA contracts, on the other hand, are based on Ethereum’s blockchain, whose permissionless nature allows any user to create, run and trade digitized derivatives from anywhere in the world. This accessibility is especially important for the developing economies around the globe, where financial institutions are frequently far from maturity, forcing local market participants into relative isolation.

The future of UMA (UMA)

UMA tokens enable the holder to participate in community governance and resolve contract disputes through the DVM. The tokens are not an investment opportunity.