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Trade Universal Market Access
Today
Create an eToro account to buy and sell Universal Market Access on a secure, user-friendly crypto trading platform.
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UMA Price
Universal Market Access UMA
Buy Universal Market Access

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UMA Price

Universal Market Access Price UMA

$2.58-0.19(-6.79%)(1D)

UMA Price Chart

-10.59%
Past Month
1D
1W
1M
6M
1Y
3Y
MAX
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*Past performance is not an indication of future results
Asset positive trend

The Universal Market Access price is rising this week.

i
A ‘rising’ price indicates that the weekly price has increased by more than 0.5%.
A price ‘on the decline’ indicates that the weekly price has decreased by more than 0.5%.
A ‘stable’ price indicates that the change in weekly price is between -0.5% and 0.5%.
The Universal Market Access price today is $2.58, a -6.79% change in the last 24 hours and 4.1% in the past week. Universal Market Access’s 24-hour trading volume is 34.74M and its current market capitalization is 207.48M. Universal Market Access price changed by 32.08% in the past year.
Market Cap
i
The total value of a cryptoasset, found by multiplying the price by the total number of coins in circulation.
$207.48M
Day's Range
i
Shows the high and low prices of the day.
2.31 - 2.93
52 Week Range
i
Shows the high and low prices of the last year.
1.37 - 6.9
Volume (1D)
i
A measure of how much of an asset was traded in the last day.
34.74M
Market Rank
i
This crypto’s rank against other crypto by market cap.
251
All time high
i
The highest recorded price of an asset since its launch.
$32.63
All time low
i
The lowest recorded price of an asset since its launch.
$0.53
Price Change YTD
i
The amount the price of an asset has changed in the current calendar year.
13.94
What Is Universal Market Access?
UMA, short for universal market access, is an Ethereum-based protocol created by Hart Lambur and Allison Lu in 2017. UMA allows users to create synthetic cryptocurrency tokens that can track the real-world price of external assets. Users can then trade this asset using ERC-20 tokens, without being exposed to the asset itself.

To create the collateral-backed synthetic token, UMA uses Optimistic Oracle – a programme that supplies data to smart contracts using a “true unless disputed” system. Oracles act as a middleware solution between a blockchain and the real-world, and UMA’s Optimistic Oracle allows smart contracts to rapidly request and receive price information without needing to have the price of the asset written on-chain. If this price is disputed, the request is sent to UMA’s Data Verification Mechanism (DVM) to be resolved.

UMA, the ecosystem’s governance token, is used to contribute to protocol decisions. UMA is used to vote on improvement proposals, price requests, and any disputes made to UMA’s DVM. UMA is distributed pro-rata as an inflationary reward to voters that correctly vote on a dispute, encouraging honest voting and ensuring the network's Optimistic Oracle remains fully decentralised and permissionless. The UMA token also guarantees the economic security of UMA smart contracts.

Diversify your eToro portfolio by adding UMA and other cryptoassets.
Buy Universal Market Access

How can I buy Universal Market Access ?

To purchase Universal Market Access:
01

Create an eToro account:

Sign up for an eToro account and verify your identity.
02

Deposit funds:

Deposit funds into your eToro account using your preferred payment method.
03

Search and purchase:

Search the Universal Market Access (UMA) page and place an order to buy Universal Market Access.
Buy Universal Market Access
Looking for more information? Check out our guides on Academy.
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Buy Universal Market Access
Trade Universal Market Access
Today
Create an eToro account to buy and sell Universal Market Access on a secure, user-friendly crypto trading platform.
Buy Universal Market Access

FAQ

The current price of UMA is $2.58
The market capitalisation of Universal Market Access is $207.48M
Universal Market Access's all-time high is $32.63
Universal Market Access has a 24-hour trading volume of $34.74M
Select the "1D" or "1W" timeframe on the eToro chart and zoom out to see the historical price movements of Universal Market Access. The price of Universal Market Access has ranged between 1.37 and 6.9 over the last year.
Universal Market Access is very secure. Cryptocurrencies are encrypted using cryptography, which means that Universal Market Access transactions cannot be tampered with.
To buy UMA, visit the "Universal Market Access (UMA)" page on the eToro trading platform. Once you have created an account and deposited funds, click the "Trade" button and decide how much Universal Market Access you want to purchase. You can also place an order that will buy UMA at a specific price in the future.
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