UMA
UMA is an optimistic oracle protocol that records verifiable data on blockchains to enable smart contracts and decentralized finance applications to access real-world information. The protocol leverages economic incentives through its Data Verification Mechanism to resolve disputes and secure various applications, including prediction markets and synthetic asset platforms.
verified 17 July 2026
↗ How Prediction Markets Resolve: UMA Oracle Explained↗ UMAFact sheet
- Founded: 2018↗ How Prediction Markets Resolve: UMA Oracle Explained↗ UMA Secures 2.6 Million in OTC Financing on July 10 2021| Gate.com↗ UMA Raises $2.6mm with the Pilot of the Range Token | by Hart Lambur | UMA Project | Medium↗ UMA - Company Profile, Funding & News | Golden↗ UMA
- HQ: United States↗ How Prediction Markets Resolve: UMA Oracle Explained↗ UMA Secures 2.6 Million in OTC Financing on July 10 2021| Gate.com↗ UMA Raises $2.6mm with the Pilot of the Range Token | by Hart Lambur | UMA Project | Medium↗ UMA - Company Profile, Funding & News | Golden↗ UMA
- Key Technology: Optimistic Oracle (OO)↗ How Prediction Markets Resolve: UMA Oracle Explained↗ UMA Secures 2.6 Million in OTC Financing on July 10 2021| Gate.com↗ UMA Raises $2.6mm with the Pilot of the Range Token | by Hart Lambur | UMA Project | Medium↗ UMA - Company Profile, Funding & News | Golden↗ UMA
- Key Technology: Data Verification Mechanism (DVM)↗ How Prediction Markets Resolve: UMA Oracle Explained↗ UMA Secures 2.6 Million in OTC Financing on July 10 2021| Gate.com↗ UMA Raises $2.6mm with the Pilot of the Range Token | by Hart Lambur | UMA Project | Medium↗ UMA - Company Profile, Funding & News | Golden↗ UMA
- Total Funding: $4M (Seed/initial rounds)↗ How Prediction Markets Resolve: UMA Oracle Explained↗ UMA Secures 2.6 Million in OTC Financing on July 10 2021| Gate.com↗ UMA Raises $2.6mm with the Pilot of the Range Token | by Hart Lambur | UMA Project | Medium↗ UMA - Company Profile, Funding & News | Golden↗ UMA
Recent developments
UMA co-founder Rémi Cadène made the case in a Sifted interview that Europe is 'the best market in the world' for humanoid robots, highlighting the company's focus on industrial applications and its strategy of targeting European manufacturing customers.
Read more ↗sifted.eu16 JulRémi Cadène appeared on the Monde Numérique podcast on July 14, 2026, discussing UMA's development of Northstar's brain and body in nine months and the company's goal of creating robots that learn in real time.
Read more ↗mondenumerique.info14 Jul