Website
https://umaproject.org
Investment and technology themes
KANDO id: 6856766

Token information

Also known as
UMA

Blockchains

Smart contract
0x04fa0d235c4abf4bcf4787af4cf447de572ef828
Smart contract
0x3bd2b1c7ed8d396dbb98ded3aebb41350a5b2339
Smart contract
0x00e40bcd6ee5363d3abbb4603273aa2f6bb89e29323729e884a8ef9c991fe73e

Digital asset type
Fast, flexible and secure way to create decentralised financial products.

Overview

UMA (Universal Market Access) is an optimistic oracle that uses economic guarantees to secure markets. Unlike mechanically restrictive price feed oracles, an optimistic oracle is able to serve any arbitrary data on-chain. UMA’s flexible oracle serves data for uses including a cross-chain bridge, insurance, custom derivatives and prediction markets among other things. The UMA Protocol also provides various smart contract templates that are automatically secured by its optimistic oracle. Among these are contract templates and integrations for creating synthetic tokens, predictions markets, “KPI options” and structured financial products.

Current team

Investors

List of the current and past investors into UMA with their respective financial instruments.

Profile Country Phone Round
Bain Capital Crypto United Kingdom N/A
Blockchain Capital LLC Venture capital fund with a focus on blockchain enabled technologies. United States +1 (415) 677-5340 N/A
Coinbase Ventures The corporate venturing arm of Coinbase investing in companies building the open financial system. United States N/A
Placeholder Capital (Placeholder Ventures), (Placeholder VC) Venture capital firm that invests in decentralized protocols and web3 services. N/A
Uncorrelated Ventures Venture capital firm focused on infrastructure software. United States N/A