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How to Stake Umee
You can earn rewards for Umee through DeFi yield. DeFi yield lets eligible customers earn yield by lending their crypto to third-party DeFi protocols.
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Umee (UMEE) is not tradable on Coinbase.
Data is sourced from CoinMarketCap and other third parties. We make no representation on the accuracy of the data provided. Learn more
Umee Price (UMEE)
Market stats
Umee is on the decline this week. ↘
The price of Umee has increased by 1.39% in the last hour and increased by 5.12% in the past 24 hours. Umee’s price has also fallen by 23.97% in the past week. The current price is $0.000915 per UMEE with a 24-hour trading volume of $78.46K. Currently, Umee is valued at 99.75% below its all time high of $0.37. This all-time high was the highest price paid for Umee since its launch.
The current circulating supply of Umee is 3,984,164,930 UMEE which means that Umee has as total market cap of 3,984,164,930.
Overall
Data is sourced from CoinMarketCap and other third parties. We make no representation on the accuracy of the data provided. Learn more
Market cap
$3.6M
Volume (24h)
$78,457.45
Circulating
4.0B UMEE
All time high
$0.37
Price change
1 hour
↗ 1.39%
1 day
↗ 5.12%
1 week
↘ 23.97%
2 weeks
↘ 47.24%
1 month
↘ 49.91%
1 year
↘ 86.51%
1 year benchmarks
Performance
↘ 86.22%
Vs. Market
↘ 92.92%
Vs. BTC
↘ 93.58%
Vs. ETH
↘ 90.19%
About Umee
FAQ
UX Chain, also known as Umee (UMEE), is a layer-one blockchain built on the Cosmos platform. It aims to serve as a universal cross-chain DeFi hub, providing a foundation for future DApps and financial primitives. The UX Chain leverages the interoperability of the Tendermint Proof-of-Stake consensus mechanism, enabling integration with various blockchain ecosystems such as Cosmos, Ethereum, side chains, layer-two chains, and other base-layer protocols. The UX Chain aims to address key challenges in the DeFi space, including detached yields, concentrated systemic risks, and isolated capital, by introducing bridging solutions that aim to enhance capital efficiency and break down the siloed structure of different blockchain ecosystems.
UX Chain operates using the Tendermint Proof-of-Stake consensus mechanism, which offers a blend of speed and efficiency. This mechanism allows UX Chain to establish a reliable base layer for cross-chain lending and borrowing. Built on the Inter-Blockchain Communication (IBC) interoperability protocol, UX Chain provides fast transaction finality without the need for multiple block confirmations or excessive time delays. The platform's Gravity Bridge facilitates transfers between Cosmos and Ethereum, allowing ERC-20 tokens to be used on a chain with fast transaction finality (Cosmos) and then bridged to a network focused on decentralized validators (Ethereum). UX Chain also features a Universal Debt Facility, a base layer lending protocol that allows developers to deploy their own customized debt instruments.
UX Chain aims to enable cross-chain lending and borrowing, staking, and cross-chain DeFi rates. It strives to become a hub for all things DeFi, connecting various ecosystems under the DeFi umbrella. This includes the development of its own interest rate instruments and other financial primitives to provide financial infrastructure for the crypto industry. UX Chain's meTokens are used for collateralized liquid staking positions, enabling users to participate in one blockchain through the UX Chain ecosystem and use this participation to engage in another ecosystem. The platform's uTokens serve a similar function for assets lent through the Universal Debt Facility, representing both the asset and the accruing interest.
UX Chain was founded by Brent Xu, a former contributor to the Ethereum ecosystem and former Strategic Advisor to Tendermint. The project has a team of 16 employees with experience at various blockchain companies and tech giants. UX Chain raised funds in a seed round led by various investors. The platform's native governance token, UMEE, is used for consensus validation in the network's PoS architecture and is involved in token swaps. The token has a total supply of 10 billion, distributed among various stakeholders including the team, Umee Labs, ecosystem, and advisors.
We update our Umee to USD currency in real-time. Get the live price of Umee on Coinbase.
The current market cap of Umee is $3.65M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Umee is $0.37. This all-time high is highest price paid for Umee since it was launched.
Over the last 24 hours, the trading volume of Umee is $78.46K.
Assets that have a similar market cap to Umee include Suiswap, Coinweb, Botto, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Umee is 4 billion.
Umee Price History
Date | Price | Change |
|---|---|---|
Today (December 23, 2024) | $0.000915 | 5.16% |
24 hours ago (December 22, 2024) | $0.000871 | 5.12% |
1 week ago (December 16, 2024) | $0.0012 | -23.97% |
1 month ago (November 23, 2024) | $0.0018 | -49.91% |
1 year ago | $0.0066 | -86.51% |
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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Umee Calculator
How much is 1 UMEE?
Conversion Table
1 Umee (UMEE) to British Pound (GBP)
£0.000727
1 Umee (UMEE) to Real (BRL)
R$0.0056
1 Umee (UMEE) to Euro (EUR)
€0.000877
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Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.