UMA

What is UMA

UMA's Optimistic Oracle allows contracts to quickly request and receive data information.

What is UMA?

UMA's Optimistic Oracle allows contracts to quickly request and receive data information. The oracle proposes prices and these prices are sent to their Data Verification Mechanism only if disputed. Developers can use their contracts to obtain price information for any length of time without the price needing to be written on chain.

UMA Alternatives:

API3
API3

Create trustless applications that interact with Web APIs.

Band Protocol
Band Protocol

Band Protocol aggregates and connects real-world data and APIs to smart contracts.

Chainlink
Chainlink

Chainlink decentralized oracle networks support advanced smart contracts on any blockchain.

Chronicle Protocol
Chronicle Protocol

Chronicle builds scalable, cost-efficient, decentralized oracles to overcome on-chain data limitations.

DIA
DIA

DIA is a multi-chain, end-to-end, open-source data and oracle platform for Web3.

Hyper Oracle
Hyper Oracle

Hyper Oracle is a programmable zkOracle protocol.