Polymarket Faces $7M Scam Claims After Market Rigged by Whales
Polymarket is under fire after a $7M market was allegedly rigged by UMA whales, resolving in favor of “Yes” despite no official government deal
30-minute prices · CoinPaprika · UTCHover or use ← → to inspect
Ranges are the daily low and high from CoinPaprika's OHLC price history; the marker shows the current price.
| Quote currency | 1h | 24h | 7d | 30d | 1y | YTD |
|---|---|---|---|---|---|---|
| vs USD | +0.0% | +0.8% | −4.6% | −15.1% | −68.8% | −51.1% |
| vs BTC | +0.0% | +0.4% | −1.5% | −7.6% | −55.8% | −44.9% |
| vs ETH | +0.1% | +0.4% | −1.4% | +0.7% | −46.7% | −35.9% |
UMA is up 0.79% today on 24-hour volume of $575.88K, with buy-side order flow leading on the two deepest markets (Pionex and Binance Futures). Over the past 24 hours, UMA is outperforming BTC by 0.37%, per CoinPaprika market data.
Generated from CoinPaprika order-book and volume data at 22:13 UTC - not opinion, not investment advice.
| # | Exchange | Pair | Price | Depth −1% | Depth +1% | Vol 24H | Vol % | Confidence | Type | Spread |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | UMA/USDT | $0.34036 | — | — | $895.55K | 155.51% | No data | Derivatives | — | |
| 2 | UMA/USDT | $0.34056 | $270.29K | $201.12K | $717.67K | 124.62% | High | Derivatives | 0.03% | |
| 3 | UMA/USDT | $0.34136 | — | — | $222.08K | 38.56% | No data | Derivatives | — | |
| 4 | UMA/TRY | $0.34001 | $19.56K | $28.69K | $102.66K | 17.83% | High | Spot | 0.27% | |
| 5 | UMA/USDT | $0.34076 | $32.87K | $28.20K | $71.80K | 12.47% | High | Spot | 0.29% | |
| 6 | UMA/USDT | $0.34026 | $27.12K | $25.19K | $62.73K | 10.89% | High | Spot | 0.38% | |
| 7 | UMA/USDT | $0.34006 | — | — | $55.43K | 9.63% | No data | Spot | — | |
| 8 | UMA/USDT | $0.34026 | — | — | $42.53K | 7.39% | No data | Spot | — | |
| 9 | UMA/USDT | $0.34066 | $12.53K | $8.81K | $41.22K | 7.16% | High | Spot | 0.53% | |
| 10 | UMA/USDT | $0.34036 | $44.11K | $27.95K | $35.85K | 6.22% | High | Spot | 0.15% |
| Date | Open | High | Low | Close | Volume | Market Cap |
|---|---|---|---|---|---|---|
| $0.335233 | $0.343465 | $0.333027 | $0.33727 | $806.8K | $29.1M | |
| $0.322536 | $0.335544 | $0.312904 | $0.335245 | $1.5M | $28.9M | |
| $0.353966 | $0.35423 | $0.322264 | $0.322722 | $1.9M | $27.8M | |
| $0.351369 | $0.357813 | $0.347446 | $0.353931 | $643.1K | $30.5M | |
| $0.355303 | $0.356233 | $0.343834 | $0.351363 | $855.7K | $30.3M | |
| $0.355973 | $0.358434 | $0.350606 | $0.355101 | $900.3K | $30.6M | |
| $0.364651 | $0.365519 | $0.352799 | $0.355889 | $648.2K | $30.7M |
Polymarket is under fire after a $7M market was allegedly rigged by UMA whales, resolving in favor of “Yes” despite no official government deal
Non-circulating is not the same as locked.
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UMA price today: UMA (UMA), the decentralized oracle network token, is trading at $0.340361 (+0.79% in 24h), ranked #493 with a $29.35M market cap and a Paprika Trust Score of 39/100 across 59 liquidity-verified markets.
UMA is a decentralized financial contracts platform that allows developers to create and manage tokenized assets on the Ethereum blockchain. As of Nov 01, 2026, it trades at $0.340361 with a market cap of $29.35M, ranking #493 among tracked cryptocurrencies.
It utilizes an optimistic oracle mechanism to enable secure and efficient price feeds for its contracts. Source: CoinPaprika.com
The UMA token is associated with ethereum (eth) token (erc-20), decentralized finance (DeFi) applications, avalanche (avax) token, finance & banking, governance, delivering off-chain data to smart contracts, and derivative, based on the tags CoinPaprika applies to UMA.
CoinPaprika's price data for it begins on Aug 31, 2020 and it reached an all-time high of $43.7233 on Feb 04, 2021.
The table below compares UMA with the 3 most similar coins CoinPaprika tracks, using aggregated market-cap and rank data.
| Coin | Token | Market cap | Rank |
|---|---|---|---|
| UMA | UMA | $29.35M | #493 |
| BitTensor | TAO | $2.23B | #48 |
| WINkLink | WIN | $66.41M | #305 |
| XYO | XYO | $42.20M | #396 |
Cryptocurrencies including UMA are highly volatile: prices can move sharply in either direction within hours, and past performance is not a guide to future returns. UMA is currently trading 99.22% below its all-time high of $43.7233, reached on Feb 04, 2021.
A meaningful share of UMA's reported trading volume comes from lower-trust exchanges, so headline volume figures may overstate real, organic demand. This is not investment advice.
Yearly ranges from CoinPaprika's OHLCV data - Low and High are each year's exact recorded extremes.
| Year | Low | High |
|---|---|---|
| 2020 | $5.8689 | $27.8093 |
| 2021 | $7.3052 | $43.7233 |
| 2022 | $1.4632 | $12.2525 |
| 2023 | $1.239 | $3.2284 |
| 2024 | $1.5118 | $7.0081 |
| 2025 | $0.479103 | $3.2623 |
| 2026 (to date) | $0.312904 | $0.851143 |