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Latest News

Keep up with what's happening in the crypto world in real-time.

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cover-imageCoingape
January 23, 2024

Breaking: UMA Launches Oval To Capture Oracle-Locked Value

Blockchain oracle UMA has launched Oval, a solution that lets Decentralized Finance (DeFi) lending protocols capture Oracle Extractable Value (OEV) by auctioning the right to liquidate positions. Uma Oval to Serve DeFi Protocols Precisely, with Uma Oval, these DeFi protocols will be allowed to tap the value that emerges during Oracle updates via the OEV.

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cover-imageBlockworks
January 23, 2024

Uma hatches Oval MEV product for lending dapps

Oracle protocol Uma, after days of social media teasing, took the wraps off its latest innovation today: Oval, a tool to help borrow/lend protocols like Aave and Compound retain value generated through the consumption of Chainlink pricing data on Ethereum.

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cover-imageCoingape
January 21, 2024

This Coin Skyrocketed By 200% Over Last Week; Shall You Buy?

UMA, the native token of the Universal Market Access Protocol, has garnered significant attention from cryptocurrency investors, particularly due to its impressive performance in a market fraught with uncertainty. Over the past four days, the UMA price has skyrocketed by 212%, achieving a remarkable 20-month peak at $6.73.

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