UMA (Universal Market Access) is a decentralized finance (DeFi) protocol that enables the creation of synthetic assets and financial contracts on the Ethereum blockchain. The UMA token is the native cryptocurrency of the platform, which provides economic guarantees to protocols using UMA's Optimistic Oracle (OO) ¹.$UMA

*Key Features of UMA:*

- _Decentralized Oracle_: UMA's Optimistic Oracle allows anyone to propose and verify data on the blockchain, ensuring trustless and secure transactions ¹.

- _Synthetic Assets_: UMA enables the creation of synthetic assets, such as tokens representing traditional assets like gold or stocks ².

- _Financial Contracts_: UMA supports the creation of financial contracts, like options and futures, on the blockchain ².

*UMA Token Details:*

- Market Cap: $225 million ¹

- Circulating Supply: 83