Convert UMA UMA to Backed IBTA $ Treasury Bond 1-3yr BIBTA
1 UMA converts to 0.06404 BIBTA
Earn up to $2,000 when you buy $50 in crypto¹
Restrictions apply, see full terms.
Restrictions apply, see full terms.
About UMA and BIBTA
UMA is falling, while Backed IBTA $ Treasury Bond 1-3yr is climbing this week. The current UMA to BIBTA conversion rate is 0.06404. Inversely, this means that if you convert 1 BIBTA you will get 15.62 UMA. The conversion rate of UMA/BIBTA has increased by 0.13% in the last hour (BIBTA/UMA decreased by 0.13%). In the last 24 hours, UMA/BIBTA shrunk by 2.52%, while BIBTA/UMA grew by the same amount.
The exchange rate of UMA is decreasing. The current value of 1 UMA is 0.06404 BIBTA. In other words, to buy 5 UMA, it would cost you 0.32019 BIBTA. Inversely, 1 BIBTA would allow you to trade for 15.62 UMA while 50 BIBTA would convert to 780.79 UMA, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 14.54%. Meanwhile, in the last 24 hours, the rate has changed by 3.04%, and that the highest exchange rate of 1 UMA to BIBTA was 0.06691 BIBTA and the lowest 24 hour value was 1 UMA for 0.0637 BIBTA. Last month, 1 UMA was worth 0.08557 BIBTA. Today, it's down 33.62%. Looking back a year, UMA has changed by 0.2625 BIBTA. That means that in a single year, the value of UMA has shrank by 309.93%.
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).
Backed IBTA $ Treasury Bond 1-3yr Market Stats
What is the project about? Backed brings real-world assets (RWAs) such as stocks or ETFs to blockchain rails. For example, our product bIBTA tracks the iShares $ Treasury Bond 1-3yr UCITS ETF, aiming to reflect an index of USD bonds by the US Treasury with 1-3yr maturities. What makes your project unique? Backed issues permissionless tokens (bTokens) that represent ownership of structured products. Backed tokens are 1:1 backed by the underlying assets, held by Swiss third-party custodians, and are bankruptcy remote book-entry securities. History of your project. Backed was incorporated in 2021 in Switzerland due to the regulatory clarity the Swiss DLT Act provided to the project. Backed released its first tokenized product on Ethereum in early Q1 2023. Backed now supports issuance and redemption on many different blockchains. What’s next for your project? Backed is working to create the standard for tokenization with a network of protocols benefitting from RWAs on-chain. What can your token be used for? Backed enables clients to access sustainable, low-risk yields while keeping their funds entirely on-chain. There is no need to go through TradFi onboarding processes or off-ramp crypto to fiat. bTokens are utilized by the likes of Gnosis, Angle Protocol, Ribbon Finance, Aragon, and Blueberry to name a few. Disclaimer: Backed Finance AG and its subsidiary Backed Assets GmbH are not affiliates of or licensed by BlackRock Inc, BlackRock Fund Advisors and any of its affiliates ("BlackRock"). BlackRock is not responsible in any way to bIB01 products. Backed DOES NOT sell its tokens to U.S. Persons or for the account or benefit of U.S. Persons, and tokens are not marketed, offered, or solicited in the U.S. or in any other prohibited jurisdiction. For a full list of prohibited and restricted countries and review of legal documentation, please visit (edited)
Conversion tables
UMA to BIBTA values from Today at 11:26 am
0.5 UMA = 0.03202 BIBTA |
1 UMA = 0.06404 BIBTA |
5 UMA = 0.3202 BIBTA |
10 UMA = 0.6404 BIBTA |
50 UMA = 3.20 BIBTA |
100 UMA = 6.40 BIBTA |
500 UMA = 32.02 BIBTA |
1,000 UMA = 64.04 BIBTA |
BIBTA to UMA values from Today at 11:26 am
0.5 BIBTA = 7.81 UMA |
1 BIBTA = 15.62 UMA |
5 BIBTA = 78.08 UMA |
10 BIBTA = 156.16 UMA |
50 BIBTA = 780.79 UMA |
100 BIBTA = 1,561.58 UMA |
500 BIBTA = 7,807.89 UMA |
1,000 BIBTA = 15,615.79 UMA |
UMA to BIBTA over time
UMA | Today | 24H -3.04% | 1M -33.62% | 1Y -309.93% |
|---|---|---|---|---|
0.5 UMA | 0.03202 BIBTA | 0.03299 BIBTA | 0.04279 BIBTA | 0.1313 BIBTA |
1 UMA | 0.06404 BIBTA | 0.06599 BIBTA | 0.08557 BIBTA | 0.2625 BIBTA |
5 UMA | 0.3202 BIBTA | 0.3299 BIBTA | 0.4279 BIBTA | 1.31 BIBTA |
10 UMA | 0.6404 BIBTA | 0.6599 BIBTA | 0.8557 BIBTA | 2.63 BIBTA |
50 UMA | 3.20 BIBTA | 3.30 BIBTA | 4.28 BIBTA | 13.13 BIBTA |
100 UMA | 6.40 BIBTA | 6.60 BIBTA | 8.56 BIBTA | 26.25 BIBTA |
500 UMA | 32.02 BIBTA | 32.99 BIBTA | 42.79 BIBTA | 131.26 BIBTA |
1,000 UMA | 64.04 BIBTA | 65.99 BIBTA | 85.57 BIBTA | 262.51 BIBTA |
Frequently asked questions
Right now, 1 UMA is worth about $0.38.
Based on the current rate, you could get 2.63 UMA for 1 USD.
UMA price has been declining. Since yesterday, the exchange rate of UMA has decreased. Since last month, the exchange rate of UMA has decreased. Since this time last year, the price of UMA has decreased.
You can use our UMA to USD calculator at the top of this page to convert any amount of UMA to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 13.16 UMA. Inversely, 5 UMA will cost about $1.90
UMA is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy UMA.
There are a number of crypto assets that have the a similar or comparable market cap to UMA, including Mask Network, Succinct, and Status. For a more robust list of assets to explore, jump to the asset page dedicated to UMA.
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