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Risk Labs
Risk Labs Foundation is the team behind the UMA and Across. We are building infrastructure to bring truth onchain and unlock seamless crosschain interoperability. UMA is an open-source, decentralized oracle protocol that allows for the verification of data for third-party contracts on the blockchain. It consists of an Optimistic Oracle and a Data Verification Mechanism (DVM). Risk Labs develops the software and interfaces for the UMA protocol, which remains non-custodial and is governed by UMA tokenholders.
Distributed
Employees: 31
Funding Rounds
Funding Round: Private token sale
Funding Date: 23 Nov, 2022
Raised Amount: $10M
Investors
Grants
RetroPGF Round 3
Raised Amount: $134K
Token Amount: 38K OP
Date: 1 Jan, 2024
N/A
Raised Amount: $938K
Token Amount: 750K OP
Date: 1 Nov, 2022
RetroPGF Round 2
Raised Amount: $23K
Token Amount: 15K OP
Date: 1 Apr, 2023
RetroPGF Round 4
Raised Amount: $133K
Token Amount: 74K OP
Date: 17 Jul, 2024
N/A
Raised Amount: $34K
Token Amount: 49K OP
Date: 5 Apr, 2025