WHY THE $UMA IS PUMPING ??
đ 1. PolymarketâX Partnership
UMA supplies the Optimistic Oracle that powers Polymarketâs prediction markets. On June 6, Polymarket became the exclusive predictionâmarket partner for Elon Muskâs X, granting UMA heightened visibility and potential user growth on a platform with 200â300âŻmillion daily users .
With more bets flowing through Polymarket via X, demand for UMAâs oracle servicesâand protocol feesâcould surge .