Cryptocurrencies

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Introduction to the total issuance of UMA coin and the online exchanges

UMA tokens have a capped issuance of 107,468,750, with 60% distributed to ICO participants and listings on major exchanges like Binance and Coinbase driving its trading volume.

Oct 15, 2024 at 12:23 am

Comprehensive Overview of UMA Coin Issuance and Exchange Listings

1. Total Issuance

The total issuance of UMA tokens is capped at 107,468,750 UMA.

2. Initial Coin Offering (ICO)

Date: November 8-12, 2018
Total funds raised: $20 million
Token price: 1 UMA = $0.25
Token distribution: 60% to ICO participants, 20% to the UMA Foundation, 10% to the team, and 10% for community and ecosystem growth.

3. Exchange Listings

UMA is currently listed on several major cryptocurrency exchanges, including:

Binance
Coinbase
FTX
Huobi Global
Kraken
Uniswap
SushiSwap

4. Trading Volume

UMA has experienced significant trading volume on these exchanges. According to CoinMarketCap, UMA's average daily trading volume in the past 24 hours is around $100 million.

5. Price History

The price of UMA has fluctuated since its ICO. After reaching a peak of $23.01 in August 2021, the token has since declined in value. As of March 2023, UMA is trading at around $3.00.

6. Market Capitalization

UMA's market capitalization is currently around $300 million, making it one of the top 100 cryptocurrencies by market cap.

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