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news-imageJanuary 23, 2024

UMA launches Oval to help DeFi protocols capture ‘oracle extractable value

UMA has unveiled Oval, a MEV capture solution that the platform says will help DeFi protocols monetize the value that comes with the use of Chainlink oracle data. MEV relates to the maximum value one can extract from a block, doing things like transaction reordering and exclusion.
Publisher: Invezz
Sentiment: Positive
UMA

More News Articles

Positive
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.

Positive
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.

Positive
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.

Negative
cover-imageBitcoin
October 25, 2023

Lightspark Open Sources Email-Like Protocol UMA; Raises Debate on Compliance

Lightspark, a Lightning Network (LN) financial services company, has announced it has open-sourced Universal Money Address (UMA), a protocol similar to email, but for money. The protocol will be interoperable, allowing platforms to exercise due compliance on the transactions facilitated, an inclusion criticized by the Bitcoin community on social media.

Neutral
cover-imageInvezz
May 18, 2022

UMA's Across announces V2 with new cross-chain capabilities

Across, the cross-chain bridging solution from the UMA protocol that allows for decentralized and near-instant transactions within the Ethereum rollup ecosystem, has officially launched new features meant to bolster the overall functionality in that ecosystem. Leveraging UMA's optimistic oracle, the new features will enable users to benefit from increased capital efficiency and usability between the […] The post UMA's Across announces V2 with new cross-chain capabilities appeared first on Invezz.

Neutral
cover-imageCoinPedia
May 16, 2022

UMA Price Prediction 2022: Is The $20 Target On Cards?

 The crypto market has been generous enough for many exciting projects over the past couple of years. UMA has been one of the projects that have managed to sustain and captivate the attention of a larger audience base.  UMA with its fundamental strengths such as decentralized participation, resolution of disputes, limitless design, and economic guarantees, …

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