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About BMMF and UMA
Balsa MM Fund is climbing, while UMA is falling this week. The current BMMF to UMA conversion rate is 0.2591. Inversely, this means that if you convert 1 UMA you will get 3.86 BMMF. The conversion rate of BMMF/UMA has decreased by 0% in the last hour (UMA/BMMF increased by 0%). In the last 24 hours, BMMF/UMA grew by 5.81%, while UMA/BMMF shrunk by 5.49%.
The exchange rate of Balsa MM Fund is increasing. The current value of 1 BMMF is 0.2591 UMA. In other words, to buy 5 Balsa MM Fund, it would cost you 1.2953 UMA. Inversely, 1 UMA would allow you to trade for 3.86 BMMF while 50 UMA would convert to 193.00 BMMF, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 15.29%. Meanwhile, in the last 24 hours, the rate has changed by 5.96%, which means that the highest exchange rate of 1 BMMF to UMA was 0.2683 UMA and the lowest 24 hour value was 1 BMMF for 0.2361 UMA. Last month, 1 BMMF was worth 0.2021 UMA. Today, it's up 28.16%. Looking back a year, Balsa MM Fund has changed by 0.07 UMA. That means that in a single year, the value of Balsa MM Fund has grown by 270.08%.
Balsa MM Fund Market Stats
BMMF (Balsa Market Making Fund) is a tokenized market-making fund designed to provide investors with delta-neutral trading exposure through algorithmic strategies. Focused on arbitrage opportunities in the Turkish crypto market—particularly USDT/TRY FX spread arbitrage—BMMF leverages advanced trading models to ensure 24/7 liquidity and consistent returns with minimized risk. The fund capitalizes on inefficiencies between USD stablecoins (such as USDT) and USD/TRY FX rates, offering institutional-grade investment access with full transparency and security.
UMA Market Stats
UMA is an Ethereum token that describes itself as “an open-source protocol that allows developers to design and create their own financial contracts and synthetic assets.” The protocol’s name comes from the team’s goal of creating universal market access (UMA).
Conversion tables
BMMF to UMA values from Today at 8:19 am
0.5 BMMF = 0.1295 UMA |
1 BMMF = 0.2591 UMA |
5 BMMF = 1.30 UMA |
10 BMMF = 2.59 UMA |
50 BMMF = 12.95 UMA |
100 BMMF = 25.91 UMA |
500 BMMF = 129.53 UMA |
1,000 BMMF = 259.06 UMA |
UMA to BMMF values from Today at 8:18 am
0.5 UMA = 1.93 BMMF |
1 UMA = 3.86 BMMF |
5 UMA = 19.30 BMMF |
10 UMA = 38.60 BMMF |
50 UMA = 193.00 BMMF |
100 UMA = 386.01 BMMF |
500 UMA = 1,930.04 BMMF |
1,000 UMA = 3,860.08 BMMF |
BMMF to UMA over time
BMMF | Today | 24H 5.62% | 1M 21.97% | 1Y 72.98% |
|---|---|---|---|---|
0.5 BMMF | 0.1295 UMA | 0.1222 UMA | 0.1011 UMA | 0.035 UMA |
1 BMMF | 0.2591 UMA | 0.2445 UMA | 0.2021 UMA | 0.07 UMA |
5 BMMF | 1.30 UMA | 1.22 UMA | 1.01 UMA | 0.35 UMA |
10 BMMF | 2.59 UMA | 2.44 UMA | 2.02 UMA | 0.70 UMA |
50 BMMF | 12.95 UMA | 12.22 UMA | 10.11 UMA | 3.50 UMA |
100 BMMF | 25.91 UMA | 24.45 UMA | 20.21 UMA | 7.00 UMA |
500 BMMF | 129.53 UMA | 122.25 UMA | 101.07 UMA | 35.00 UMA |
1,000 BMMF | 259.06 UMA | 244.50 UMA | 202.15 UMA | 70.00 UMA |
Frequently asked questions
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.