UMA company info

What does UMA do?
UMA (Universal Market Access) (CRYPTO:UMA) is a pioneering DeFi protocol that enables users to create and trade synthetic assets mirroring real-world assets like stocks and commodities. The UMA token plays a crucial role in incentivizing participants and securing the platform. UMA is actively advancing various projects, including UMA v2, an upgrade with broader asset support, improved scalability, and enhanced security. The UMA Data Service is a decentralized oracle ensuring reliable, tamper-proof data for UMA's synthetic assets. The UMA dAppStore, a decentralized app marketplace, simplifies access to UMA's synthetic assets. UMA's core goals are to democratize synthetic assets, making them accessible to all, and promoting DeFi adoption for both individuals and businesses. It aims to build a decentralized ecosystem for synthetic assets, welcoming contributions from other developers.
UMA company media
Company Snapshot

How many people does UMA employ?

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Employees
50+

What is the market cap for UMA?

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Market Cap
$272.59M

Where is the head office for UMA?

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Head Office
San Francisco, CA

What year was UMA founded?

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Year Founded
2018
What does UMA specialise in?
/Blockchain Capital Portfolio /Coinbase Ventures Portfolio /DAO /DeFi /Derivatives /DragonFly Capital Portfolio /Governance /Oracles /Placeholder Ventures Portfolio /Polygon Ecosystem /Synthetics

What are the products and/or services of UMA?

Overview of UMA offerings
Community Governance: UMA is governed by its community of token holders. This community votes on proposed changes to the protocol and on other important decisions.
dAppStore: UMA provides a decentralized application store where users can discover and install UMA-based applications.
Data Service: UMA provides a decentralized data service that provides data to its synthetic assets.
Developer Tools: UMA provides developers with a variety of tools and resources to help them build and deploy applications on the UMA protocol.
Synthetic Asset Creation: UMA allows users to create synthetic assets that track the price of any real-world asset.
Synthetic Asset Trading: UMA provides a decentralized platform for trading synthetic assets.