Market cap
$20.13K
0.33 %
Volume (24h)
$0.28
0.33 %
Circulating supply
4,432,500,000 UMEE
Total supply
12,290,000,000 UMEE
Umee (UMEE)
$ 0.00
0.33 %
Main info
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Key data
updated $0Market cap$20.13K
Volume 24h$0.28
Circulating supply4.43B
Umee (UMEE) is the native token of a cross-chain DeFi lending platform built on Cosmos. In simple terms, it lets people lend and borrow crypto assets across different blockchains, not just within one network. The UMEE token is used for staking, securing the network, and participating in governance decisions.
Frequently asked questions
What is Umee and how is it different from other lending platforms?
Umee is a decentralized money market focused on cross-chain interoperability. Unlike most lending protocols that work within a single blockchain, Umee connects liquidity across networks through the Inter-Blockchain Communication protocol, so assets can move between Cosmos and other ecosystems without intermediaries.
How does Umee's technology and consensus work?
Umee is built with the Cosmos SDK and uses Tendermint proof-of-stake consensus. Validators secure the network by staking UMEE tokens, and anyone holding the token can delegate their stake to a validator to earn rewards while helping protect the chain.
How is UMEE token emission structured?
UMEE has a fixed maximum supply, with new tokens entering circulation through staking rewards and scheduled unlocks. A significant portion was allocated to the team, investors, and community programs, which means circulating supply grows gradually over time rather than all at once.
How can you store and use UMEE tokens?
Since Umee is a Cosmos-based chain, UMEE can be stored in wallets that support Cosmos networks, such as Keplr or Ledger. Beyond holding, you can stake UMEE to earn rewards, use it for governance votes, and interact with the lending platform to supply or borrow assets.