UMA
Universal Market Access
$0.0000AUD
Market Cap
329.6M AUD
24H Trade Vol.
30.7M AUD
Total Supply
84.4M
All
1W
1M
1Y
Basic chart
Advanced chart
Price Changes
24H:
0.00%
7D:
0.00%

Swap Universal Market Access

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UMA
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*$10 will be deposited to all new users’ accounts in an equal amount of BTC, following the users’ completion of the sign-up process and the initial deposit on the platform. For detailed information regarding the use of the platform, please refer to our Terms and Conditions available at https://help.coinstash.com.au/en/article/website-terms-and-conditions-gmyd3n/.

Swap Universal Market Access (UMA)

Universal Market Access (UMA) is a protocol built on the Ethereum network that allows users to create custom, collateralised, synthetic cryptocurrency. The advantage is that this synthetic cryptocurrency can track the price of virtually all assets. In other words, UMA allows users to trade any asset using ERC20 tokens without having actual exposure to the asset itself. This allows people to gain exposure to assets that they won’t normally have access to. UMA opens a world of possibilities for DeFi. In summary, it puts derivatives on the blockchain. Instead of using a price oracle, users are given financial incentive to do price discovery by identifying and liquidating token issuers. The initial supply of UMA token was 100 million, but it has no hard cap and can be inflationary and deflationary.

Frequently Asked Questions (FAQs)