TL;DR

• Umi (UMI) is an active token on the Base chain, separate from other similarly named “Umi” projects on Ethereum or standalone blockchains.
• Contract address to verify: 0x98623dc972d52b8e1aca2262fa62aced989d7948.
• As of Sep 17, 2025: price ≈ $0.002587, 24h change +172.1%, est. market cap ≈ $258.7k, and 28 on-chain trades over 24h (15 buys / 13 sells; ~$2,779 volume).
• You can trade UMI on decentralized exchanges like Uniswap and tracking/trading platforms such as GMGN.AI.
• Do your own research—newer, smaller-cap tokens can be highly volatile.

What is Umi (UMI) on Base?

Umi (UMI) is a token deployed on Base, an Ethereum Layer 2 focused on faster, cheaper transactions. While tokens named “Umi” exist elsewhere, this specific UMI is identified by its Base contract: 0x98623dc972d52b8e1aca2262fa62aced989d7948. It trades within the Base DeFi ecosystem and has shown notable short-term price movement. A public whitepaper or official site for this exact Base token wasn’t definitively confirmed, which is common for emerging meme and DeFi tokens on new L2s.

Verify the contract before you trade

There are multiple “Umi/UMI” projects across chains. Always double-check you’re interacting with the correct Base token:

• Official Base contract: 0x98623dc972d52b8e1aca2262fa62aced989d7948
• Explorer page: search the address on BaseScan to review holders, transfers, and contract details.

Market snapshot (as of Sep 17, 2025)

• Price: ≈ $0.002587
• 24h change: +172.1%
• Estimated market cap: ≈ $258.7k
• 24h activity: 28 trades (15 buys / 13 sells), ~$2,779 volume

Note: Figures for early-stage tokens can change quickly. Treat them as directional, not guarantees.

Where to trade UMI on Base

• Decentralized exchange: Uniswap supports Base and is a common venue for trading newly launched tokens.
• Multi-tool tracker/trader: GMGN.AI UMI page offers real-time analytics and trading access.

Tip: If you’re starting from Ethereum mainnet or another chain, you may need to bridge assets to Base before swapping. Use a trusted bridge and confirm the destination network as “Base.”

Avoid confusion: tokens with similar names

Several unrelated projects share the “Umi/UMI” name. The Base token discussed here is distinct from:

• Umi Digital (Ethereum/BSC): An NFT minter and yield platform. Ethereum token address: 0x61107a409fffe1965126aa456af679719695c69.
• UMI (PoA blockchain): A standalone decentralized payment network with its own Proof-of-Authority consensus and staking.
• Umi Network: A 2024-founded Layer 2 for Ethereum enabling Move smart contracts.
• Uomi (UOMI) on Base: A different token that ran an IDO in early September 2025. Similar naming, different contract and symbol.

When in doubt, confirm the exact Base address: 0x98623dc972d52b8e1aca2262fa62aced989d7948.

How to research UMI quickly

• Check on-chain data: Use BaseScan to review recent transactions, top holders, and contract verification.
• Compare liquidity: On Uniswap, review liquidity pool size, top pairs, and slippage.
• Monitor flow and sentiment: Use platforms like GMGN.AI for smart money tracking, security checks, and quick trade execution.
• Community pulse: Look for activity on X (Twitter), Telegram, and Discord to gauge developer updates and user sentiment.

Risks and considerations

• Volatility: Smaller-cap, newly listed tokens can swing dramatically in short timeframes.
• Liquidity: Thin liquidity increases slippage and exit risk. Check pool depth before trading.
• Imposters: Similar names can trick traders. Always match the Base contract address exactly.
• Information gaps: Early projects may lack formal docs. Rely on on-chain evidence and cautious position sizing.

Useful links

• Trade on Uniswap: https://uniswap.org/
• Track/trade on GMGN.AI: UMI on GMGN.AI
• On-chain explorer: Umi (UMI) on BaseScan (paste the contract address to locate the token)

Disclaimer: This article is for informational purposes only and is not financial advice. Always do your own research and never risk funds you cannot afford to lose.