Market Performance
Info updated 1 year ago
Project Introduction

Degenerative Finance is an innovative DeFi derivative series jointly developed by Yam Finance and UMA project partners. UGas is an Ethereum Gas fee futures contract, and uGAS is a synthetic token that integrates the contract. Each uGAS token is named after the expiration month of the futures contract, for example, uGAS-JAN21 futures contract token, which represents that the uGas contract will expire at 0:00 on February 1, 2021 (UTC time). When the uGas contract expires, it will be settled based on the median gas prices of all transactions within the past 30 days on the Ethereum network. Each uGAS futures contract token represents 1 million gas. Therefore, if the median price of 30 day gas is 70 Gwei, the price of each uGAS futures contract token is 0.07 ETH.

Performance
*All info & data are for reference only, not investment advice!
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Issue Price$283.11(0 Multiple)
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UGAS-JUN21
uGAS-JUN21 Token Expiring 30 Jun 2021
#5264
$0.00
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