UMA

UMA Price Today

The live UMA price today is د.إ6.46 AED. with a 24-hour trading volume of $56,254,667,293 AED. We update our UMA to AED price in real-time. UMA is down -0.76% in the last 24 hours. The current CoinMarketCap ranking is #141, with a live market cap of د.إ696,216,099 AED. It has a circulating supply of 107,773,390 UMA coins and a max. supply of 107,773,390 UMA coins.

UMA to AED

The UMA live price on 6/9/2023 3:57 is د.إ6.46 AED,UMA is down -0.76% in the last 24 hours.

UMA price AED

UMA price AED UMA/AED on Friday,June 9, 2023 is د.إ6.46 AED,UMA is down -0.76% in the 6/9/2023 3:57:23.

UMA Official Website

The UMA official website is umaproject.org

Buy UMA

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UMA Exchange

If you would like to know where to buy UMA (UMA) at the current rate, the top cryptocurrency exchanges for trading in UMA stock are currently Binance, OKX, Huobi, Gate.io, and Coinbase. You can find others listed on our crypto exchanges page.

UMA Wallet

UMA wallet is a software program in which UMA are stored. Technically, UMA are not stored anywhere. For every individual who has a balance in a UMA wallet, there is a private key (secret number) corresponding to the UMA address of that wallet. Download the UMA Wallet APP on the UMA official website umaproject.org

What Is UMA(UMA)

UMA, or Universal Market Access, is a protocol for the creation of synthetic assets based on the Ethereum (ETH) blockchain. UMA was launched in December 2018.

Synthetic assets are a class of assets that represent different, underlying assets and have the same value. UMA specifically enables its users to design and create self-executing, self-enforcing financial contracts secured by economic incentives and run them on Ethereum’s blockchain.

In essence, UMA allows counterparties to digitize and automate any real-world financial derivatives, such as futures, contracts for differences (CFDs) or total return swaps. It also enables the creation of self-fulfilling derivative contracts based on digital assets, like other-28coin cryptocurrencies.

Who Are the Founders of UMA?

UMA was co-founded by Hart Lambur and Allison Lu, who met on the Goldman Sachs trading floor.

In 2005, Lambur graduated from Columbia University with a computer science degree. In addition to co-founding UMA, he is also the CEO and co-founder of Risk Labs, the company in charge of developing the Universal Market Access protocol.

Prior to UMA and Risk Labs, Lambur worked as a research assistant at Columbia and as a government bond trader at Goldman Sachs. He has also founded and headed Openfolio, a personal finance tracking platform which he sold to Stone Ridge Asset Management in 2017.

Allison Lu has received a degree in Economics and Management from the Massachusetts Institute of Technology.

Between 2009 and 2015, she worked as a vice president at Goldman Sachs, where Lu and Lambur met. Afterward, Lu worked as the VP of credit & risk analysis at the financial services mobile app Tala. She was also an advisor at One Daijo, an Ethereum-based peer-to-peer lending platform.

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