Circulating market cap
Fully diluted market cap
Total value locked
P/F ratio (fully diluted)
P/S ratio (fully diluted)
Daily active users (30d average)
Active developers (30d average)
Code commits (30d sum)
What is UMA
UMA is an optimistic oracle (OO) that can verify any statement proposed on the blockchain. UMA functions as a decentralized truth machine that includes human reasoning backed by economic incentives. UMA was co-founded by Hart Lambur in 2018 and launched in 2020.
How does UMA work
UMA’s oracle uses a “true unless disputed” pattern, in which anyone can propose or dispute data. In cases of disputes, UMA’s network of tokenholders vote to verify the data, earning inflationary token rewards for correct votes.
Who governs UMA
UMA tokenholders own and govern the protocol. They do not currently take a cut of the total oracle call & periodic fees paid by users (revenue). UMA's investors include Placeholder and Blockchain Capital.
Daily fully diluted market cap vs. daily total value locked in the past 180 days.
|Fully diluted market cap||+2.2%||+3.9%||+13.2%||-31.6%||-55.4%||-76.6%|
|Total value locked|