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About UMA and SCUSD
UMA is falling, while Rings scUSD is climbing this week. The current UMA to SCUSD conversion rate is 0.3806. Inversely, this means that if you convert 1 SCUSD you will get 2.63 UMA. The conversion rate of UMA/SCUSD has increased by 0.92% in the last hour (SCUSD/UMA decreased by 0.92%). In the last 24 hours, UMA/SCUSD shrunk by 1.84%, while SCUSD/UMA grew by the same amount.
The exchange rate of UMA is decreasing. The current value of 1 UMA is 0.3806 SCUSD. In other words, to buy 5 UMA, it would cost you 1.9031 SCUSD. Inversely, 1 SCUSD would allow you to trade for 2.63 UMA while 50 SCUSD would convert to 131.36 UMA, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 12.9%. Meanwhile, in the last 24 hours, the rate has changed by 1.86%, and that the highest exchange rate of 1 UMA to SCUSD was 0.4072 SCUSD and the lowest 24 hour value was 1 UMA for 0.3641 SCUSD. Last month, 1 UMA was worth 0.4707 SCUSD. Today, it's down 23.65%. Looking back a year, UMA has changed by 1.20 SCUSD. That means that in a single year, the value of UMA has shrank by 216.38%.
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).
Rings scUSD Market Stats
Rings is the meta-stable protocol of Sonic chain. It is the main bridge for Ethereum Mainnet stablecoins and ETH derivatives token holders to start earning yield on Sonic. Bridge ETH & Stablecoin from Mainnet to Sonic, Mint scETH and scUSD, stake it for stkETH and stkUSD to make it yield bearing, or lock it for veETH and veUSD to access governance power. When minting scUSD and scETH, users deposit their initial into Veda Vaults which then reallocate the backing toward yield bearing strategies. The yield generated is then redistributed across eligible Sonic dApps and the distribution is controlled by the veUSD gauge tokenomic.
Conversion tables
UMA to SCUSD values from Today at 10:54 am
0.5 UMA = 0.1903 SCUSD |
1 UMA = 0.3806 SCUSD |
5 UMA = 1.90 SCUSD |
10 UMA = 3.81 SCUSD |
50 UMA = 19.03 SCUSD |
100 UMA = 38.06 SCUSD |
500 UMA = 190.31 SCUSD |
1,000 UMA = 380.63 SCUSD |
SCUSD to UMA values from Today at 10:54 am
0.5 SCUSD = 1.31 UMA |
1 SCUSD = 2.63 UMA |
5 SCUSD = 13.14 UMA |
10 SCUSD = 26.27 UMA |
50 SCUSD = 131.36 UMA |
100 SCUSD = 262.72 UMA |
500 SCUSD = 1,313.62 UMA |
1,000 SCUSD = 2,627.24 UMA |
UMA to SCUSD over time
UMA | Today | 24H -1.86% | 1M -23.65% | 1Y -216.38% |
|---|---|---|---|---|
0.5 UMA | 0.1903 SCUSD | 0.1938 SCUSD | 0.2353 SCUSD | 0.6021 SCUSD |
1 UMA | 0.3806 SCUSD | 0.3877 SCUSD | 0.4707 SCUSD | 1.20 SCUSD |
5 UMA | 1.90 SCUSD | 1.94 SCUSD | 2.35 SCUSD | 6.02 SCUSD |
10 UMA | 3.81 SCUSD | 3.88 SCUSD | 4.71 SCUSD | 12.04 SCUSD |
50 UMA | 19.03 SCUSD | 19.38 SCUSD | 23.53 SCUSD | 60.21 SCUSD |
100 UMA | 38.06 SCUSD | 38.77 SCUSD | 47.07 SCUSD | 120.42 SCUSD |
500 UMA | 190.31 SCUSD | 193.84 SCUSD | 235.33 SCUSD | 602.11 SCUSD |
1,000 UMA | 380.63 SCUSD | 387.69 SCUSD | 470.65 SCUSD | 1,204.23 SCUSD |
Frequently asked questions
Right now, 1 UMA is worth about $0.3805.
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 13.14 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 World Mobile Token, Bank of America tokenized stock (xStock), and Alaya Governance Token. 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.