Umee Price

Umee (UMEE) price has increased today.

The price of Umee (UMEE) is $0.004271721328 today with a 24-hour trading volume of $34,068.84. This represents a 1.20% price increase in the last 24 hours and a -8.20% price decline in the past 7 days. With a circulating supply of 4.4 Billion UMEE, Umee is valued at a market cap of $18,934,405.

What is Umee?

Umee is a cross chain DeFi hub that interconnects between blockchains. 

As a base layer blockchain, applications and money lego primitives can be built on top of Umee to access cross chain leverage and liquidity. The Umee Blockchain facilitates interoperability for a Tendermint Proof of Stake protocol with the Cosmos ecosystem, Ethereum network, side chain architectures, layer two scaling solutions, and alternative base layer protocols.

As a Cosmos SDK blockchain, the Umee Network is interoperable with blockchains including Terra, Crypto.com, Binance Chain, Osmosis, Secret Network, and 30+ other chains, plus Ethereum, from Day 1.

Why was Umee created?

Umee was created to address three main issues that exist in DeFi:

1) Detached Yields

2) Concentrated Systematic Risks

3) Isolated Capital 

Umee plans to break the inherent silos between blockchains by utilizing bridging solutions towards interconnecting blockchains and encouraging better capital efficiency. The eventual goals will be to enable interchain lending and borrowing, multi-chain staking and delegations, plus cross chain defi rates.

What is the native UMEE token?

The native Umee token is a Proof of Stake asset that can exist as a Cosmos SDK token and an ERC20 token on Ethereum. 

UMEE tokens are used to pay for network fees on the Umee blockchain, to provide Proof of Stake consensus to the Umee network, and for protocol governance. 

You can learn more about the native UMEE token and how to use it here:

• Token Utility
• Tokenomics
• Token Format
• How to stake UMEE
• Participating in Governance

Where can you buy Umee?

UMEE tokens can be traded on decentralized exchanges and centralized crypto exchanges. The most popular exchange to buy and trade Umee is Osmosis, where the most active trading pair UMEE/OSMO has a trading volume of $2,688.53 in the last 24 hours. Other popular options include OKX and BingX.

What is the daily trading volume of Umee (UMEE)?

The trading volume of Umee (UMEE) is $34,068.84 in the last 24 hours, representing a 36.00% increase from one day ago and signalling a recent rise in market activity.

What is the all-time high for Umee (UMEE)?

The highest price paid for Umee (UMEE) is $0.359554, which was recorded on Feb 16, 2022 (over 1 year). Comparatively, the current price is -98.80% lower than the all-time high price.

What is the all-time low for Umee (UMEE)?

The lowest price paid for Umee (UMEE) is $0.004138174268, which was recorded on Jun 20, 2023 (about 1 month). Comparatively, the current price is 3.00% higher than the all-time low price.

What is the market cap of Umee (UMEE)?

Market capitalization of Umee (UMEE) is $18,934,405 and is ranked #697 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of UMEE tokens (4.4 Billion tokens are tradable on the market today).

What is the fully diluted valuation of Umee (UMEE)?

The fully diluted valuation (FDV) of Umee (UMEE) is $51,190,304. This is a statistical representation of the maximum market cap, assuming total number of 12 Billion ETH tokens are in circulation today.

How does the price performance of Umee compare against its peers?

With a price decline of -8.20% in the last 7 days, Umee (UMEE) is underperforming the global cryptocurrency market which is down -0.70%, while underperforming when compared to similar Ethereum Ecosystem cryptocurrencies which are up 12.70%.

What is the market sentiment of Umee today?

The community is bullish as more than 100% of users are feeling good about Umee (UMEE) today.

How to add Umee (UMEE) to MetaMask?

Adding Umee (UMEE) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import UMEE as a token. You can copy UMEE’s contract address (0xc0a4df35568f116c370e6a6a6022ceb908eeddac) and import it manually, or if you've installed MetaMask's chrome extension, add UMEE to MetaMask with one click on CoinGecko.

Add UMEE to MetaMask.