The native token of the Universal Market Access (UMA) protocol, UMA, has experienced a remarkable surge, soaring over 91% in the past 24 hours to achieve a yearly high of $4.101, bringing its market valuation to $300 million. This surge was accompanied by an impressive 2943% increase in trading volume, reaching $421 million. Reports indicate that the Total Value Secured (TVS) on the UMA network has seen substantial growth, reaching $775 million. This growth is indicative of the UMA network’s solid development and its expanding ecosystem. Our new integrations take the UMA TVS to ~$775M. 3x the last bull market
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The largest decentralized exchange (dex) platform, in terms of trade volume, Uniswap has revealed the dex has removed a number of tokens from the platform interface. The community assumes the tokens could be deemed securities by global regulators. Uniswap users can still swap these tokens via accessing specific smart contracts themselves, as the company behind […]
PRESS RELEASE. OpenDAO is proud and excited to announce that it is one of the first DeFi projects to participate in UMA’s dapp mining program. Check out the new Yield Dollar interface at ydollar.opendao.io For the past few months, OpenDAO has been working closely with the team at UMA to build a new interface for […]