UMA price

in USD
$1.2010
-$0.03300 (-2.68%)
USD
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Market cap
$106.83M
Circulating supply
88.87M / 125.66M
All-time high
$45.0000
24h volume
$14.22M
3.5 / 5
UMAUMA
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About UMA

DeFi
CertiK
Last audit: 1 Mar 2021, (UTC+8)

UMA’s price performance

Past year
-51.18%
$2.46
3 months
+2.91%
$1.17
30 days
+9.18%
$1.10
7 days
-11.76%
$1.36
83%
Buying
Updated hourly.
More people are buying UMA than selling on OKX

UMA on socials

Epicenter Podcast
Epicenter Podcast
🚀 NEW EPISODE 🚀 Optimistic Oracles & Intent-Based Bridges for Unifying Ethereum @tw_tter chats with @hal2001, co-founder of @UMAprotocol & @AcrossProtocol, about his journey from UMA's synthetic assets & next-gen optimistic oracle, to attempting to unify Ethereum’s ecosystem through Across’ intent-based bridge. Universal Market Access (@UMAprotocol) envisioned a world in which global markets were universally accessible through financial smart contracts that used synthetic assets on Ethereum. However, this was taking place long before the massive boom of DeFi summer of 2020. As a result, @UMAprotocol shifted to building an optimistic oracle to power prediction markets as a decentralised ‘truth machine’, thus expanding oracle use cases. Through game theoretic models, UMA managed to properly incentivise its token holders to act as voters, rewarding them for good predictions & disputes, and vice versa. Later on, @hal2001 also co-founded @AcrossProtocol, an intent-based optimistic bridge that set out to create a seamless UX for unifying EVM chains. Through their solver network, Across managed to achieve fast (as low as 2 seconds) and cheap bridging, abstracting away crosschain complexities, without any security tradeoffs. Don't forget to RT & follow @epicenterbtc! Topics discussed in this episode: 0:00 - Introduction 3:41 - Hart’s background 5:24 - Universal Market Access, from synthetic assets to oracles 7:53 - Building Across 10:01 - UMA’s optimistic oracle 14:42 - Incentivizing voters & resolving disputes 25:56 - Dealing with invalid outcomes 32:47 - Optimistic security assumptions 34:56 - UMA x Across dual token interactions 37:37 - Across’ intent-based bridge 43:53 - Pricing mechanism & solver competition 48:07 - ZK settlement 54:54 - Bridging fragmentation 58:23 - Abstracting & unifying cross-chain bridging 1:04:46 - Bridging between rollups 1:06:55 - UMA & Across governance systems
Thomas Crow
Thomas Crow
0/ Excited to announce our investment in @RialoHQ - stellar team building a genuinely novel blockchain, perfect for applications that need to natively interact with the "real world" (like stablecoins/prediction markets/RWAs)
NingNing
NingNing
DeFi remains stagnant, while Oracles take the lead. As an intermediary layer between off-chain real-world assets and on-chain programmable finance, oracles occupy a superior position in the value chain. New generation DeFi platforms/protocols that integrate TradFi and Crypto, such as RWAfi, tokenized US stock trading, and tokenized trading of real-world derivative assets, all require technological updates from oracles to support them. Although many institutions and retail investors believe that oracle technology has already entered a mature stage of its lifecycle, making it difficult to see any exciting "disruptive" innovations and the exponential growth opportunities they might bring, this does not mean that the oracle sector has become stagnant. On the contrary, driven by new demands stimulated by the new generation of DeFi platforms/protocols, oracle sector projects are providing incremental new technological features. Everyone has shifted from competing on TVS (Total Value Secured) to TTV (Total Traded Value), and now to competing on LST, RWA, PerpDEX, tokenized US stocks, and other new scenario expansion capabilities; this sector has never been "cold." As a project that has always been unwilling to play second fiddle, RedStone has expanded from the LST scenario to Solana RWA in 2025, and then mid-year unveiled a major innovation: the lending enhancement engine RedStone Atom, equipped with liquidation intelligence. In my humble opinion, RedStone Atom is the MAX PRO version of the anti-OEV (oracle extractable value) functional module launched by competitors UMA and API3 in 2024. In traditional systems, liquidation is a multi-step process: oracle updates price → liquidation bot detects liquidatable positions → submits liquidation transaction → competitive priority fee → executes liquidation. In this process, a significant amount of value is captured by MEV bots, while also limiting the LTV threshold level for DeFi lending, thus affecting the capital efficiency of DeFi players' circular lending. For DeFi lending protocols, the main competitive trench lies in the LTV threshold and liquidation systems (liquidation efficiency, anti-OEV, etc.). According to Dune dashboard statistics, the total scale of OEV losses exceeds $2 billion, with OEV losses from AAVE v2 and v3 on the Ethereum mainnet alone potentially exceeding $300 million. In 2024, UMA and API3 introduced an auction mechanism inspired by Flashbot's anti-MEV mechanism. However, unfortunately, it has not been adopted by several DeFi lending protocols. The reason is not complex and is not significantly related to business operation levels. The problem lies in the generality of their OEV modules and the integration engineering costs. RedStone Atom combines the liquidation module with the OEV module into one, compressing the entire process into a single atomic transaction. Moreover, it supports activation on any RedStone data source and any chain without the need for code changes or engineering investment. After integrating RedStone Atom, the liquidation process for DeFi lending protocols will be reshaped as follows: Phase One: Off-chain price monitoring and auction initiation (<100ms) Off-chain price monitoring → Detect liquidatable positions → Trigger FastLane Atlas auction Phase Two: Millisecond-level sealed-window auction (<300ms) FastLane will bring the new RedStone price flow into the off-chain auction → Liquidators bid for liquidation rewards (sealed bidding) → Atlas smart contract collects and sorts all bids → Determine the highest bidder (on-chain verification) Phase Three: Atomic three-step execution (completed within a single block) When the auction generates valid bids, the Atlas smart contract will package the following three operations into a single atomic transaction: Operation 1: Push new signed oracle price → (within the same block) Operation 2: Execute liquidation → (within the same block) Operation 3: Transfer the winning amount to the designated recipient Atomic transactions ensure that these three operations are indivisible; either all succeed or all roll back, while eliminating front-running and arbitrage opportunities and achieving zero-delay liquidation. Given the lessons learned from the aforementioned oracle competitors, RedStone Atom has simplified the integration process for DeFi lending protocols: they only need to request RedStone to enable Atom on the data source they are using and provide an address to receive OEV profits; the remaining adaptation work will be completed by the RedStone development team. Currently, Atom has launched on Unichain, providing security for Compound Finance, Morpho, Venus Protocol, and Upshift, and can be integrated into BNB Chain, Base, and Berachain. In the future, it will be available on Ethereum, HyperEVM, Arbitrum, and more. The 2025 crypto market has overvalued attention, liquidity, and sentiment, while being overly insensitive to technological narratives. This period has been more challenging for teams with a technological gene than the 2022 bear market. However, long-term oriented developers represented by RedStone continue to insist on building something big. Hopefully, Mr. Market will have a reward prepared for them at some point in the future.
Marcin | RedStone 🔜 ETHWarsaw 🇵🇱
Marcin | RedStone 🔜 ETHWarsaw 🇵🇱
Atom is Live. Now. RedStone Atom solves the fundamental limitation in push oracle design. We built infrastructure that actually responds to protocol needs and supercharges DeFi protocols. No integration needed. Just use RedStone feeds for Atom to work.

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UMA FAQ

Currently, one UMA is worth $1.2010. For answers and insight into UMA's price action, you're in the right place. Explore the latest UMA charts and trade responsibly with OKX.
Cryptocurrencies, such as UMA, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as UMA have been created as well.
Check out our UMA price prediction page to forecast future prices and determine your price targets.

Dive deeper into UMA

Universal Market Access (UMA) is an Ethereum-compatible toolbox designed to enable users to create enforceable agreements, including project-specific smart contracts. While UMA excels in facilitating financial agreements, it is also compatible with a wide range of decentralized applications (DApps). UMA is referred to as a "decentralized truth machine" on its official website, emphasizing its role in ensuring transparency and trust within the decentralized ecosystem.

What is UMA?

UMA is a protocol specifically designed for creating programmable digital assets, enabling users to replicate traditional assets in a virtual blockchain-native form. This is achieved through an Optimistic Oracle setup, which handles real-world aspects such as prices by sourcing off-chain data. The integration of these Oracles ensures a trustless and decentralized ecosystem. In addition to its financial applications, UMA offers a wide range of Web3 apps, including prediction markets, insurance bridges, and customizable decentralized autonomous organizations (DAOs), expanding its utility beyond financial markets.

The UMA team

The UMA team, founded in 2017, was envisioned and established by Hart Lambur and Allison Lu, both former Goldman Sachs traders. Lambur also co-founded the Risk Lab Foundation, a blockchain research company that supports the UMA project. The team comprises various experienced individuals, including John Shuttt as a senior engineer, Melissa Quinn as the COO, Clayton Roche as the head of community and development, and other talented professionals. Together, they contribute their expertise and skills to the success and development of the UMA project.

How does UMA work?

The OO system associated with the UMA ecosystem accepts statements and instances projected as truth. These instances come with bonds, transforming them into workable cases. Those who can prove the instances false are rewarded.

If no disputes or challenges arise, the proposed instance (statement) is added to the chain, becoming immutable and a part of the ecosystem. Each instance comprises three aspects: a request for information, proposed information, and a case for dispute.

If a dispute is raised and proven false, the disputer loses their token deposit, while the proposer receives a portion. If proven correct, the proposer loses their deposit, and the disputer gets a part of it.

With UMA, you can easily create financial products through synthetic tokens. These tokens track the value of real-world legacy assets such as gold. Additionally, UMA utilizes a proprietary implementation of its OO setup, the Data Verification Mechanism, to ensure that the synthetic assets always track the correct real-world price.

The process itself requires smart contract support. Finally, you can trade these UMA-based assets across DApps and markets.

Universal Market Access’s native token: UMA

UMA is the ecosystem's native token. UMA tokens are ERC-20 compatible and allow holders to participate in governance-related matters of the protocol. Plus, UMA tokens can also help increase the network's overall security.

UMA tokenomics

Based on ecosystem data, nearly 114 million UMA tokens exist. The maximum supply, accounting for lost tokens, slightly exceeds 100 million. When a proposal becomes active, the participating votes receive 0.05% of UMA's supply, which may contribute to network inflation.

How to stake UMA?

To stake UMA, you should visit UMA's dedicated staking application. Connect your crypto wallet and lock your UMA tokens within a smart contract for a designated period. The staked tokens generate an additional annual percentage rate (APR) as an incentive.

In addition to staking, exercising voting rights within the ecosystem also generates incentives. UMA's direct staking app features a comprehensive dashboard that displays the percentage of staked tokens, claimed and unclaimed rewards, and earnings based on voting participation.

UMA use cases

UMA, the native token of the UMA ecosystem, facilitates DAO governance and ensures network security. These tokens also empower trustless financial innovations, enabling the creation of various synthetic assets. Furthermore, UMA tokens contribute to dispute resolution, similar to the role of a juror. Additionally, these native tokens serve as incentives or rewards for developers who build upon the UMA ecosystem.

UMA token distribution

UMA tokens are allocated as follows:

  • 2 million UMA tokens were released during the ICO sale.
  • 48.5 million tokens are reserved for the founding team.
  • 35 million UMA tokens are designated as developer rewards.
  • 14.5 million tokens are allocated for sales and trading-based activities.

The road ahead for UMA

UMA's oracle-based contracts have undergone thorough audits, ensuring their security and reliability. The ecosystem boasts a transparent governance mechanism, providing decentralized finance (DeFi) exposure through cross-chain bridges. UMA also features a pioneering, Optimistic Oracle setup, making it a forward-looking ecosystem.

UMA's credibility in the DApp and DeFi space is further reinforced by hosting innovative products such as Sherlock, a Risk Management platform, and Polymarket, a market for information. These offerings contribute to UMA's reputation and solidify its position in the industry.

Disclaimer

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Market cap
$106.83M
Circulating supply
88.87M / 125.66M
All-time high
$45.0000
24h volume
$14.22M
3.5 / 5
UMAUMA
USDUSD
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