$UMA adds more than 11% with UMA Oval Market going live on Morpho Labs
$UMA, the utility token of the Universal Market Access ecosystem, is up over 11% in the past 24hours, & now trades around $3.658, with inflow of $14.68M, as per Gate.io chart. This comes with the fantastic News that another UMA's Oval market has recently gone live on Morpho Labs, as Gauntlet deployed Threshold Network’s $tBTC & $USDC. UMA's Oval will capture OEV created by the market eliminating bad debt & increasing yield for lenders.
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$UMA adds more than 11% with UMA Oval Market going live on Morpho Labs
$UMA, the utility token of the Universal Market Access ecosystem, is up over 11% in the past 24hours, & now trades around $3.658, with inflow of $14.68M, as per Gate.io chart.
This comes with the fantastic News that another UMA's Oval market has recently gone live on Morpho Labs, as Gauntlet deployed Threshold Network’s $tBTC & $USDC. UMA's Oval will capture OEV created by the market eliminating bad debt & increasing yield for lenders.