🔎 Latest news about $UMA
📈 An analysis of the current quote shows that UMA Protocol is also breaking away from the downward trend, with a solid gain of more than 11%. The oracle sector seems to be having a particularly strong day.
💡 According to the project's documentation, UMA is an optimistic oracle that allows developers to build various types of decentralized applications. Recently, it has gained notoriety for its product "Oval", designed to capture the extracted value (MEV) from loans in DeFi.
🛡️ According to Uphold, UMA's goal of providing "Universal Market Access" remains a very powerful value proposition. As the DeFi ecosystem grows, the need for reliable and flexible oracles like UMA becomes increasingly critical.
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