uma protocol00
$uma
MCAP37.56M
-9.66%

what's uma protocol?

UMA Protocol is a decentralized platform that enables the creation of synthetic assets and financial contracts on the blockchain, focusing on universal market access. It features an optimistic oracle system that verifies real-world data onchain through economic incentives for proposers and disputers, ensuring trustless data feeds. Key use cases include prediction markets like Polymarket, cross-chain bridging via Across, and insurance protocols. The protocol runs on Ethereum and compatible chains, with its native token used for governance and staking in the oracle process. UMA emphasizes modularity, security through audits, and community-driven resolutions.

Snapshot

UMA protocol featured in educational thread on verification/dispute mechanisms in modular blockchains.

contract

ethereum

avalanche

1W ago
PARTNERSHIP

Secures Across Protocol's cross-chain bridge for L2s and rollups through UMA's optimistic oracle.

2W ago
PARTNERSHIP

OyaChat builds on UMA's optimistic oracle for verification of natural language smart contracts that turn English into executable onchain commitments.

1M ago
VISIBILITY EVENT

Featured in an educational thread about verification and dispute-based mechanisms in modular blockchain systems alongside other oracle and verification protocols.

PARTNERSHIP

Became the exclusive prediction market partner of the Wall Street Journal and the Dow Jones.

PARTNERSHIP

Secures Parcl's home value prediction product through its oracle network.

2M ago
VISIBILITY EVENT

Co-founder Hart Lambur is speaking at ETHDenver 2026 conference.

PancakeSwap and YZI Labs co-incubate Probable, a new onchain prediction market protocol on BNB Chain that uses UMA oracles for price feeds, supporting predictions across sports, politics, crypto, and major events.

Polymarket creates approximately 12,000 markets per month with UMA providing resolution services at roughly $2 per market, generating about $24,000 in monthly revenue from this partnership.

Arbitrage and exploits on UMA happen very frequently, representing an ongoing security issue for the protocol.

Across Protocol opens two senior remote positions: Data Lead and Sr Product Manager - Protocol, both offering $100K-200K salary ranges.

MetaMask Prediction Markets go live with UMA Protocol providing security infrastructure in collaboration with Polymarket.

3M ago

UMA's oracle resolution system shows tamperability issues, and Polymarket may build their own optimistic oracle rather than continue relying on UMA's infrastructure.

Integrates Across Protocol's cross-chain bridge for L2s and rollups with Monad blockchain through its optimistic oracle.

UMA expands to Thailand with a beta testing program for users with Thai bank accounts to validate fast, low-cost global transfer experience.

Lightspark uses UMA to enable real-time cross-border payments, with live demonstration scheduled at CrossTech World 2025 on November 19.

UMA handles approximately 80% of Polymarket's subjective event resolutions despite recent Chainlink integration for price markets, maintaining its role as the backbone of event-based prediction markets.

Across Protocol, a cross-chain bridge secured by UMA's optimistic oracle, announces two remote positions: Data Lead and Sr Product Manager - Protocol, both with $100K-200K salary ranges.

Risk Labs, the foundation and core team behind the protocol, is hiring an Engineering Manager position with salary range $130K-200K for remote work.

4M ago

Minimum stake requirement for voting gas rebates increases from 500 to 1000 UMA tokens effective November 1st.

New prediction market competitor Zamm launches with fully onchain ETH-based settlement, explicitly marketing against UMA's oracle system to avoid dispute resolution issues.

Polymarket switches to Chainlink oracle for price markets and launches own POLY token, potentially replacing UMA's role in disputes and governance.

Trader raises question about economic attack vector where Polymarket market OI could exceed 51% of UMA tokens, asking if kill switch exists to prevent oracle manipulation.

A new market dispute case surfaces with conflicting resolution terms, where market rules specify audio resolution but EA announced the event would be written-only prior to market creation.

New theory emerges that the Zelensky market creator was an insider UMA whale who exploited oracle resolution through deliberately ambiguous market terms in the small print.

In the last month, 21,244 outcomes were proposed on Polymarket with a 0.3% dispute rate (62 disputes), requiring UMA voter deliberation on only 3 out of every 1,000 outcomes.

RiskLabsFDN, the foundation and core team behind the protocols, opens hiring for a remote Engineering Manager position with salary range $130K-200K.

Majority_Fun, a creator-focused gaming platform built on UMA that uses family-feud-style games to crowdsource brainpower, opens beta tester applications for early access.

Protocol surpasses 100,000 assertions, marking a new usage milestone for the oracle system.

Allegations emerge of UMA whale manipulation on Polymarket markets, with specific claims that the Zelensky suit market was rigged as whales voted against confirmed factual outcomes (media confirmed suit was worn, but whales with No bets voted No), raising concerns about oracle integrity and trust in UMA-secured prediction markets.

Market cap is $150M; the unlaunched US version of Polymarket, which represents most of Polymarket's equity value, will not use the UMA token.

Upcoming integration announced with aiseerco, an AI-powered prediction markets truth oracle that claims higher accuracy than Perplexity, alongside planned partnerships with Polymarket and Worldcoin.

Optimistic Oracle reaches $50 billion in Total Transaction Value secured across all platforms.

5M ago

Across Protocol is hiring a Sr Product Manager - Protocol role ($100K-200K salary range), indicating continued team expansion in the UMA-secured bridge ecosystem.

A token merger between POLY and UMA is announced.

A new governance proposal titled 'Strategic Use of Earned UMA by the Across DAO' is up for community discussion and comments.

The voter dApp introduces an AI-powered discussion summary feature for enhanced collective reasoning in the governance interface.

Protocol secures the largest prediction market by volume at $17.5B and reports increases across all key metrics including assertion rates, staked tokens, voters, wallet addresses, and partnerships. The protocol explicitly secures both Across and Polymarket platforms.

Total bridging volume reaches $30B, while external criticism emerges regarding oracle mechanism performance in prediction markets.

Perpetual futures market launches on Coinbase International and Advanced with full trading functionality.

Three new senior remote positions announced with combined compensation up to $600K.

6M ago

Over 15,000 Across assertions have been verified through the protocol.

SoFi becomes first U.S. bank to implement protocol for global payments.

Major exchanges Robinhood and Coinbase launching prediction market products while single markets reach $5M volume.

Security services expand to Solana blockchain through Across Protocol integration for cross-chain bridging.

Managed Optimistic Oracle V2 launches with migration support for programmatic proposing.

Core team expands with two new remote positions, offering up to $280K in combined annual compensation.

Oracle system implements whitelisting requirement for Polymarket resolution proposals to combat manipulation.

7M ago

Major hiring initiative launches for technical and community roles with combined budget up to $400K.

New oracle dispute emerges over NASCAR betting market with $60k at stake, 6x larger than underlying $10k market size.

New oracle resolution system development announced, addressing recent manipulation incidents

Political prediction market for Elon's America Party registration goes live with 8% probability, increasing oracle manipulation risk exposure.

HakResearch slashes protocol credibility score by 240 points due to Zelenskyy market manipulation on Polymarket.

Team member identified as major token holder, raising concerns about insider concentration of governance power.

Large token holders deploy 23M UMA ($25M worth) to manipulate oracle outcome, revealing systematic governance exploitation.

Market resolution dispute introduces possibility of 50% bet return through 'Unknown' outcome option.

New technical proposal emerges to combat oracle manipulation through ETH restaking mechanism, with Symbiotic Finance offering development support.

Project leadership maintains complete silence on $160M market resolution controversy despite growing pressure for public statement.

Multi-layered legal protection structure revealed where responsibility is deliberately diffused across frontend providers, protocol, and anonymous voters.

Oracle dispute escalates with $142M market resolution conflict between protocol and multiple credible news sources.

Governance whale exposed simultaneously trading and voting on same market resolution, escalating centralization concerns.

Oracle system faces fundamental centralization criticism due to excessive reliance on single decision maker.

Major integration partner signals intent to migrate away from protocol despite strong product-market fit.

Story Protocol implements intellectual property rights system using oracle infrastructure despite ongoing manipulation concerns.

Major integration partner Polymarket deliberately exploits protocol for controversial market resolutions to deflect responsibility, indicating systemic governance risk beyond previously reported manipulation issues.

Multiple contested market resolutions focusing on Ukraine-related predictions signal systematic manipulation pattern, threatening Polymarket integration viability.

Risk Labs team members executed undisclosed voting on self-benefiting proposals while potentially using DAO funds for non-authorized projects, raising serious governance concerns.

Record-size $56M prediction market dispute triggers governance review mechanism.

Recent dispute voting round attracts 333 participants with 23.4M UMA staked; missed votes result in slashing penalties.

8M ago

Discord-based whale coordination group exposed manipulating prediction markets, with subsequent attempts to conceal participant identities.

Large token holders actively exploit protocol limitations on Polymarket platform, forcing consideration of technical upgrades.

Data Verification Mechanism successfully resolves contentious Iran cyberattack prediction market through multiple voting rounds.

Token lists on Revolut digital banking platform.

Protocol secures $41B in total transaction value across 128.7M transactions, while maintaining decentralization with 802 unique proposers and 3,333 voting addresses.

New prediction market for Stanley Cup 2025 reaches $250M volume on Polymarket, secured by protocol.

New prediction market launches for 2025 religious prophecy, expanding use cases beyond traditional markets.

Protocol gains major industry spotlight with founder keynote at Bankless Summit

Optimistic Oracle reaches 60,000 processed assertions with 0.1% dispute rate.

Price surges 38.32% to $1.583 amid highest social activity since May 2024.

Experimental AI proposer OOTruthBot launches with 95% accuracy for market resolution, running parallel to human proposers.

9M ago

Protocol secures $2B volume NBA Champion prediction market on Polymarket.

Protocol reaches milestone of 1000+ settled disputes with only 0.1% opposing original proposals.

New integration enables trustless reward automation for VeloraDEX through oSnap implementation.

Protocol secures Polymarket's Pope prediction market with $30M trading volume.

Real-world performance data shows 98.6% dispute-free resolution rate with proper economic incentives.

Governance proposal seeks to reduce emissions rate to 0.130 UMA/s, lowering staking APR from 20% to 16.8%

10M ago

Major prediction market resolves $120M volume election market without disputes, demonstrating successful implementation.

Protocol secures billions in value with 98.6% dispute-free rate through economic incentives.

Prediction market on Polymarket reaches $50M+ trading volume with active political betting implementation.

Unique voter addresses increase 300% over six months, indicating strong protocol adoption growth.

Optimistic Oracle reaches 50,000 assertions milestone with 98% remaining undisputed.

Verification system resolves $7M sports betting market on Polymarket, demonstrating active protocol usage.

New governance proposal seeks to increase Settlement Price Approval Threshold from 50% to 65% in VotingV2 contract.

1Y ago

FDV of ~275M mentioned in context of Polymarket TVL discussion