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How to Buy UMA
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About UMA
UMA is an Ethereum token that describes itself as “an open-source protocol that allows developers to design and create their own financial contracts and synthetic assets.” The protocol’s name comes from the team’s goal of creating universal market access (UMA).
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6/2/2025, 12:45:57 PM
Trading Insights
Buyer Ratio
47%0%
Traders
45
7.14%
Buyers
21
0%
Sellers
26
18.18%
Searched
49
Market Stats
Market Cap
$97.73M
3.14%
FDV
$139.50M
Circ. Supply
87M UMA
Max Supply
Not enough data
Total Supply
125M UMA
Diluted Valuation
$139.03M
Performance
Popularity
#354
Dominance
0%
Volume (24H)
$7.75M
-15.71%
Volume (7D)
$61.18M
Volume (30D)
$336.78M
All time high
$44.99
Price Change (1Y)
-65.15%
Additional info about UMA
Recent trends
The latest UMA price is $1.13. Compared to UMA's value of $1.08 from 24 hours ago, there's been a 4% increase, while the current price is -7% down from $1.20 which was recorded one week ago. UMA's all time high is $44.99, which was reached on February 4, 2021. This is a -97% change from its price today.
The market cap is currently $97.73M, which is a result of multiplying the current price of UMA($1.13) by the total supply(124,810,189 UMA). The fully diluted valuation of UMA is $139.50M. The diluted valuation of UMA is $139.50M.
Market details
UMA vs markets
↘ 73.52%
UMA vs BTC
↘ 76.99%
UMA vs ETH
↘ 47.4%
Tags
defi
derivatives
oracles
dao
+2
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x04Fa0d235C4abf4BcF4787aF4CF447DE572eF828 | |
Avalanche C-Chain | 0x3Bd2B1c7ED8D396dbb98DED3aEbb41350a5b2339 |
Price history
Time | Price | Change |
|---|---|---|
Today | $1.13 | ↗ 3.75% |
1 Day | $1.08 | ↗ 3.75% |
1 Week | $1.20 | ↘ 6.63% |
1 Month | $1.20 | ↘ 6.39% |
1 Year | $3.22 | ↘ 65.15% |
FAQ
UMA, an acronym for Universal Market Access, is a decentralized financial contracts platform that strives to enable universal market access. It is an optimistic oracle (OO) that has the potential to record any verifiable truth onto a blockchain. This unique feature has led to UMA's OO being referred to as a "human-powered truth machine". It is designed to be flexible enough to handle ambiguity and expands the design space possible in web3. UMA's OO is used in a diverse ecosystem of web3 applications, including cross-chain bridges, insurance protocols, prediction markets, and customizable DAO tooling products.
UMA operates through an optimistic oracle system that verifies data in stages. Initially, a statement is proposed as true and submitted along with a bond. This bond acts as a bounty for anyone to dispute it if they have evidence to the contrary. If the statement is not disputed during the challenge period, it is accepted as true. If a dispute arises, UMA token holders resolve the dispute within 48 hours. If the disputer is right, they receive a portion of the proposer's bond; if the disputer is wrong, they lose their bond, a portion of which is given to the proposer. This system introduces the opportunity for human intelligence to weigh in, which is crucial for Web3 projects as they require arbitrary data that is not always possible to turn into code.
UMA's optimistic oracle system may have a range of potential use cases. It can be used to enable more trustless forms of DAO governance, as seen in the first product using this, oSnap, which is a trustless method to execute the results of a Snapshot vote on chain. UMA can also be used in prediction markets, insurance protocols, cross-chain communication, and real-world assets. Furthermore, UMA's smart contracts can be used by developers building decentralized applications, and UMA token owners have the ability to participate in UMA’s optimistic oracle.
UMA was founded in 2018 by Allison Lu and Hart Lambur, two ex Goldman Sachs traders. Their goal was to make global markets universally fair, accessible, and decentralized. The team drew inspiration from traditional finance derivatives to define an open-source protocol that allows anyone, anywhere, to design and build trustless financial contracts. The optimistic oracle design concept has been in development since 2014, when Vitalik Buterin first published on the matter. Over the years, there have been several iterations leading to the current design of UMA's optimistic oracle. As of September 2022, there was a supply of 108,858,567 UMA tokens with 68,947,415 in circulation.
We update our UMA to USD currency in real-time. Get the live price of UMA on Coinbase.
The current market cap of UMA is $97.73M. A high market cap implies that the asset is highly valued by the market.
The all-time high of UMA is $44.99. This all-time high is highest price paid for UMA since it was launched.
Over the last 24 hours, the trading volume of UMA is $7.75M.
Assets that have a similar market cap to UMA include Yield Guild Games, Cetus Protocol, Orbler, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of UMA is 87 million.
UMA ranks 124 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Currently, 61% of Coinbase users are buying UMA. In other words, 61% of Coinbase customers have increased their net position in UMA over the past 24 hours through trading.
Yes, UMA is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy UMA guide.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
UMA news
Trending articles
Social stats
Popularity in posts
#1017
Contributors
0
Posts
0
% About UMA
0.036%
Hold times
0 days
X (Twitter)
0% bullish
Sentiment
2.7 ★
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Highlights
0 unique individuals are talking about UMA and it is ranked #1,017 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, UMA has an average sentiment score of 53 out of 5. Finally, UMA is becoming less newsworthy, with 0 news articles published about UMA.
On Reddit, UMA was mentioned in 0 Reddit posts and there were 0 comments about UMA. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.