UMA
UMA
11-25
defi
both

UMA stands for Universal Market Access and our mission is to make markets universally fair, accessible, secure, and decentralized. UMA is an optimistic oracle (OO) that can provide and verify arbitrary data on-chain. Thus we secure markets and smart contracts across Web3. The OO tells smart contracts “things about the world” so they can enforce real-world payout conditions. It has been called “a truth machine.” Our team at UMA blends a mix of highly-sought engineers, developers and community builders with a traditional finance pedigree. Our fast-growing team includes a diverse background of experiences and has drawn talent from Google, Ernst & Young, IBM and Goldman Sachs. We’re a decentralized protocol governed by community members across the globe in a DAO, and supported by Risk Labs Foundation. We value economic freedom, integrity, and taking smart risks. You’ll succeed at UMA if you’re a self-starter, kind, adaptable, and passionate about building impactful tools to make finance more equitable.
Founded in 2018
umaproject.org
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