Market cap
$38.68M
0.5 %
Volume (24h)
$3.32M
0.5 %
Circulating supply
90,114,347 UMA
Total supply
127,391,888 UMA
Max. supply
126,148,284 UMA
UMA (UMA)
$ 0.42
0.5 %
Main info
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Comments
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Analytics
Key data
updated $0Market cap$38.68M
Volume 24h$3.32M
Circulating supply90.11M71% of max 126.15M
All-time high$41.56-99% from peak · 2021-02-04
UMA (ticker: UMA) is the native token of the Universal Market Access protocol, a decentralized platform built on Ethereum that lets people create custom financial contracts and synthetic assets without traditional intermediaries. Think of it as infrastructure for trustless derivatives: instead of relying on banks or brokers, UMA uses smart contracts and community dispute resolution to keep everything running. The UMA token itself is used for governance voting and for resolving disputes over contract outcomes.
Frequently asked questions
What is UMA and how is it different from other crypto tokens?
UMA is the governance and dispute-resolution token of the Universal Market Access protocol, which focuses on synthetic assets and custom financial contracts rather than payments or general smart contracts. While most DeFi tokens are used for fees or staking, UMA holders actively vote on protocol upgrades and act as arbiters when contract data is disputed. This 'human oracle' role is what sets it apart from purely automated systems.
How does UMA's technology work?
UMA uses an optimistic oracle system: when a contract needs a piece of real-world data, someone submits an answer, and it's treated as true unless someone challenges it by staking UMA. Disputes are then settled by a vote of all token holders, with economic penalties for dishonest participants. This design keeps costs low while still providing a reliable link between off-chain data and on-chain contracts.
How is UMA's token supply and emission structured?
UMA has a fixed maximum supply of just over 100 million tokens, so there's no unlimited inflation baked into the protocol. New tokens are not mined; instead, the initial supply was allocated to investors, the founding team, and developers with vesting schedules. A portion of tokens is also emitted over time to reward participants who vote correctly in dispute resolutions, aligning incentives across the community.
How can you store and use UMA tokens?
Since UMA is an ERC-20 token on Ethereum, it works with any compatible wallet like MetaMask, Ledger, or Trust Wallet. Holding it lets you participate in governance votes and dispute resolutions through the official UMA interface. You can also trade it on major decentralized and centralized exchanges, though always do your own research before making any moves.