What UMA connects
UMA is a decentralized oracle network token, currently ranked 321st by market capitalization among the assets we track. UMA is middleware for the on-chain economy. It moves trustworthy data onto blockchains so that lending markets, derivatives, and insurance can price themselves, with UMA as the network's economic fuel.
UMA is a decentralized financial contracts platform that allows developers to create and manage tokenized assets on the Ethereum blockchain. It utilizes an optimistic oracle mechanism to enable secure and efficient price feeds for its contracts.
How the data stays trustworthy
The value of UMA rises with how many protocols depend on its feeds and how much value those feeds secure. Demand for reliable data, not speculation, is the long-run driver.
UMA is not mined; it is issued as a token rather than secured by its own mining or staking layer.
Background & fundamentals
Its codebase is open-source, meaning the implementation can be audited rather than taken on trust. The project publishes a whitepaper documenting its original design, which is worth reading before sizing any position in UMA. CoinPaprika classifies the project's development status as "Working product".
In sector terms it is most often filed under Ethereum (ETH) Token (ERC-20), DeFi, and Avalanche (AVAX) Token.
Where UMA sits in the market
At $0.3759, UMA carries a market capitalization of $33.88M. Around $3.56M changes hands across exchanges in a typical 24-hour window. That is a turnover of about 10.50% of the float — elevated, often a sign of narrative-driven trading.
UMA carries no fixed maximum supply; issuance follows a programmatic schedule rather than a hard cap. UMA remains -99% beneath its all-time high of $43.72, the kind of gap that historically takes a full cycle or a fresh catalyst to close.
What the price history shows
Across timeframes, UMA shows 24-hour -2.28%, 7-day -5.38%, 30-day -0.79%, 1-year -64.45%. Within its stored 365-day daily history, UMA mounted a low-to-high run of roughly 67% at its strongest stretch.
Volatility profile
Recent action puts UMA in the Moderate-volatility band — it shows the kind of price movement common in mid-cap crypto assets — meaningful but not unusual. Over the last 30 days the move totals -0.79%, a useful input for stop placement and position sizing.
How to evaluate an oracle network like UMA
A grounded read on UMA comes down to three questions:
- Integration breadth — how many protocols and how much value rely on UMA feeds.
- Data security — node decentralization and the crypto-economic stake protecting each feed.
- Token demand — whether UMA is genuinely required to pay for or secure the network's services.
This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.
