$UMA officially disclosed that as of January 31, 2025, the circulating supply of $UMA tokens is approximately 88 million. The total supply is 122,979,000 tokens, of which about 34 million are controlled by the $UMA $DAO and stored in smart contracts. The issuance of $UMA tokens is based on an issuance rate that can be adjusted through governance votes, allowing users who participate in staking and voting to receive tokens according to this issuance rate.