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About UMA and INDY
UMA is falling, while Indigo Protocol is climbing this week. The current UMA to INDY conversion rate is 4.52. Inversely, this means that if you convert 1 INDY you will get 0.2213 UMA. The conversion rate of UMA/INDY has decreased by 0.04% in the last hour (INDY/UMA increased by 0.04%). In the last 24 hours, UMA/INDY shrunk by 10.22%, while INDY/UMA grew by the same amount.
The exchange rate of UMA is decreasing. The current value of 1 UMA is 4.52 INDY. In other words, to buy 5 UMA, it would cost you 22.60 INDY. Inversely, 1 INDY would allow you to trade for 0.2213 UMA while 50 INDY would convert to 11.06 UMA, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 36.1%. Meanwhile, in the last 24 hours, the rate has changed by 15.64%, which means that the highest exchange rate of 1 UMA to INDY was 5.51 INDY and the lowest 24 hour value was 1 UMA for 4.36 INDY. Last month, 1 UMA was worth 3.29 INDY. Today, it's up 27.2%. Looking back a year, UMA has changed by 1.16 INDY. That means that in a single year, the value of UMA has grown by 74.41%.
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).
Indigo Protocol Market Stats
What is Indigo Protocol? Indigo is an autonomous synthetics protocol for on-chain price exposure to real-world assets, built on Cardano, and has brought the first Native Stablecoin to the Cardano ecosystem, iUSD. How does Indigo work? Indigo allows anyone to create synthetic assets, known as iAssets. iAssets can be created using currencies such as stablecoins and ADA. They have the same price effect as holding the asset being replicated. This allows you to gain profit from the increase in price of an asset without owning the original asset itself. What are Synthetic Assets? Synthetic Assets give users exposure to a variety of assets without the need to actually own the underlying asset. These assets can be anything that has value in the real world. With its transparency, efficiency, low barriers to entry, and decentralized traits, the Blockchain can smoothly deliver all these assets to anyone with access to the Internet. The INDY governance token comes from its use in the Indigo DAO voting process. The total supply of INDY will be 35M tokens with a 6-decimal precision. The max supply of INDY will be distributed to protocol users, stakers, and LPs over the course of four years. We believe in a fair distribution of the INDY tokens to the early adopters of the protocol, therefore there will be NO community pre-sale via ICO/ISO/ISPO. What is the Indigo DAO? Indigo is a decentralized community-led project. The Indigo DAO owns the Indigo Protocol, including the application, website, and all intellectual property. A DAO (decentralized autonomous organization) is like a company, but instead of being incorporated in a country is established in a blockchain. You, the Indigo community, control the decisions for the Indigo DAO. You can cast your votes using the INDY token. A forum has been established to help facilitate community votes. All Indigo community members are encouraged to join the forum to propose, discuss and vote on ideas to guide Indigo’s future direction.
Conversion tables
UMA to INDY values from Today at 3:52 am
0.5 UMA = 2.26 INDY |
1 UMA = 4.52 INDY |
5 UMA = 22.60 INDY |
10 UMA = 45.19 INDY |
50 UMA = 225.95 INDY |
100 UMA = 451.90 INDY |
500 UMA = 2,259.50 INDY |
1,000 UMA = 4,519.01 INDY |
INDY to UMA values from Today at 3:51 am
0.5 INDY = 0.1106 UMA |
1 INDY = 0.2213 UMA |
5 INDY = 1.11 UMA |
10 INDY = 2.21 UMA |
50 INDY = 11.06 UMA |
100 INDY = 22.13 UMA |
500 INDY = 110.64 UMA |
1,000 INDY = 221.29 UMA |
UMA to INDY over time
UMA | Today | 24H -15.64% | 1M 27.20% | 1Y 74.41% |
|---|---|---|---|---|
0.5 UMA | 2.26 INDY | 2.61 INDY | 1.64 INDY | 0.5781 INDY |
1 UMA | 4.52 INDY | 5.23 INDY | 3.29 INDY | 1.16 INDY |
5 UMA | 22.60 INDY | 26.13 INDY | 16.45 INDY | 5.78 INDY |
10 UMA | 45.19 INDY | 52.26 INDY | 32.90 INDY | 11.56 INDY |
50 UMA | 225.95 INDY | 261.29 INDY | 164.48 INDY | 57.81 INDY |
100 UMA | 451.90 INDY | 522.58 INDY | 328.96 INDY | 115.63 INDY |
500 UMA | 2,259.50 INDY | 2,612.90 INDY | 1,644.81 INDY | 578.14 INDY |
1,000 UMA | 4,519.01 INDY | 5,225.80 INDY | 3,289.63 INDY | 1,156.29 INDY |
Frequently asked questions
Right now, 1 UMA is worth about $0.3645.
Based on the current rate, you could get 2.74 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 13.72 UMA. Inversely, 5 UMA will cost about $1.82
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 MetaMask USD, Non-Playable Coin, and Magic Eden. For a more robust list of assets to explore, jump to the asset page dedicated to UMA.
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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.