The below UMA price chart tracks the price of UMA against AUD over time. The rate shown is indicative only as actual buy / sell rates depend on market liquidity and fees at the time of quotation.
✓Create synthetic assets
✓Built on Ethereum
Created in 2018, UMA, or Universal Market Access is a protocol on the Ethereum blockchain that allows developers to create synthetic assets, which are simply a tokenized derivative that mimics the value of another asset, for example gold or oil.
While traditional financial markets have barriers to entry and tend to prevent individuals from participating, UMA seeks to challenge this and make the assets available in the form of a token tied to its value.
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Quickly compare the past seven days’ price movements of UMA with other cryptocurrencies.