Token information
Also known as
UMA
Blockchains
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.| Investor | 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 | |||
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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 |