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Penumbra UM
UM
0.2595
$
4.30 %
Change 24h
Market Cap
$ 9,350,281
Volume 24h
$ 24,162
Circulating Supply
36,029,827
Total Supply
100,062,349
UM
$
Description
Penumbra is private by default L1 proof of stake blockchain. This includes private transfers, staking, trading, custody, and governance, making it a comprehensive privacy-focused blockchain solution.Penumbra integrates with the Inter-Blockchain Communication (IBC) protocol, allowing for decentralized and private token transfers between IBC-compatible chains and Penumbra's multi-asset shielded pool.Penumbra is pitched as a reimagination of the original Cosmos vision but with privacy at its core, aiming to reshape how privacy is handled in blockchain transactions and interactions.