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About UMA and NXM
UMA is falling, while NXM is climbing this week. The current UMA to NXM conversion rate is 0.005887. Inversely, this means that if you convert 1 NXM you will get 169.86 UMA. The conversion rate of UMA/NXM has decreased by 0.01% in the last hour (NXM/UMA increased by 0.01%). In the last 24 hours, UMA/NXM shrunk by 1.76%, while NXM/UMA grew by 1.8%.
The exchange rate of UMA is decreasing. The current value of 1 UMA is 0.005887 NXM. In other words, to buy 5 UMA, it would cost you 0.029436 NXM. Inversely, 1 NXM would allow you to trade for 169.86 UMA while 50 NXM would convert to 8,492.98 UMA, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 6.26%. Meanwhile, in the last 24 hours, the rate has changed by 1.74%, and that the highest exchange rate of 1 UMA to NXM was 0.006017 NXM and the lowest 24 hour value was 1 UMA for 0.005741 NXM. Last month, 1 UMA was worth 0.006219 NXM. Today, it's down 5.33%. Looking back a year, UMA has changed by 0.01159 NXM. That means that in a single year, the value of UMA has shrank by 49.22%.
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).
NXM Market Stats
Nexus Mutual is a decentralized insurance protocol built on Ethereum that currently offers cover for smart contracts on the Ethereum blockchain, currently covering all the main defi protocols. Nexus Mutual offers coverage against smart contract failures, which protects against potential bugs in smart contract code. The coverage intends to provide protection against financial losses that may be incurred due to hacks or exploits in the smart contract code. Note that smart contract cover only protects against “unintended uses” of smart contracts, so security events such as the loss of private keys or centralized exchange hacks are not covered. In December 2020, it released custody cover covering centralised custodians and lenders such as Celsius, Blockfi, and Nexo.
Conversion tables
UMA to NXM values from Today at 5:06 am
0.5 UMA = 0.002944 NXM |
1 UMA = 0.005887 NXM |
5 UMA = 0.02944 NXM |
10 UMA = 0.05887 NXM |
50 UMA = 0.2944 NXM |
100 UMA = 0.5887 NXM |
500 UMA = 2.94 NXM |
1,000 UMA = 5.89 NXM |
NXM to UMA values from Today at 5:08 am
0.5 NXM = 84.93 UMA |
1 NXM = 169.86 UMA |
5 NXM = 849.30 UMA |
10 NXM = 1,698.60 UMA |
50 NXM = 8,492.98 UMA |
100 NXM = 16,985.97 UMA |
500 NXM = 84,929.85 UMA |
1,000 NXM = 169,859.69 UMA |
UMA to NXM over time
UMA | Today | 24H -1.77% | 1M -5.63% | 1Y -96.92% |
|---|---|---|---|---|
0.5 UMA | 0.002944 NXM | 0.002996 NXM | 0.003109 NXM | 0.005797 NXM |
1 UMA | 0.005887 NXM | 0.005992 NXM | 0.006219 NXM | 0.01159 NXM |
5 UMA | 0.02944 NXM | 0.02996 NXM | 0.03109 NXM | 0.05797 NXM |
10 UMA | 0.05887 NXM | 0.05992 NXM | 0.06219 NXM | 0.1159 NXM |
50 UMA | 0.2944 NXM | 0.2996 NXM | 0.3109 NXM | 0.5797 NXM |
100 UMA | 0.5887 NXM | 0.5992 NXM | 0.6219 NXM | 1.16 NXM |
500 UMA | 2.94 NXM | 3.00 NXM | 3.11 NXM | 5.80 NXM |
1,000 UMA | 5.89 NXM | 5.99 NXM | 6.22 NXM | 11.59 NXM |
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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.