UMA Price
UMA
How Much is 1 UMA (UMA)
Convert UMA to your currency
Last Updated on Dec 25, 2025 10:47 AM
What is UMA?
About the coin
UMA is a decentralized financial contracts platform designed to enable Universal Market Access. It builds infrastructure for 'priceless' financial contracts, which are DeFi contracts that minimize oracle usage. This approach helps avoid many of the security and scalability issues that have plagued decentralized finance. The first contracts built with UMA are priceless synthetic tokens, which are ERC20 tokens that can track anything while minimizing the need for on-chain price data.
Main features
The UMA project token powers the system in two main ways: governance and price requests. UMA token holders govern what types of contracts can access the system, which asset types are supported, and key system parameters and upgrades. The priceless methodology minimizes on-chain price requests but doesn’t eliminate them. When contract interactions are disputed, UMA token holders fulfill price requests via the Data Verification Mechanism (DVM).
How it works
UMA tokens enable the holder to participate in community governance and resolve contract disputes through the DVM. The tokens are not an investment opportunity but serve as a means to engage in the governance and operational aspects of the UMA platform.
Wallet for UMA
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Tangem supports networks for UMA
- Ethereum
- Avalanche
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UMA FAQ
- UMA is a cryptocurrency built on a decentralized network, enabling secure and transparent transactions. Its blockchain design supports various use cases depending on the project’s goals.
- Key features include scalability, low fees, and fast processing. UMA supports developers and users who need a flexible blockchain environment.
- They refer to the same cryptocurrency. UMA is the abbreviated code used in trading platforms.
- Buy UMA through trusted exchanges or payment providers integrated in the Tangem Wallet.
- Store UMA in a non-custodial wallet where you control your keys. Tangem hardware wallets offer strong offline security.
How to secure UMA with Tangem Wallet?
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Why choose UMA wallet with Tangem.
Private. No registration and KYC required to use the app. We don't track your data.
Secure. Your private keys are encrypted and never leave your device. Only you have control over your funds.
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