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Risk Labs

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

Across

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Description

Across is a cross-chain bridge that facilitates asset transfers between different blockchain networks, specifically focusing on Layer 2 solutions and rollups. It utilizes UMA's optimistic oracle for security, aiming to provide fast, secure, and low-cost transactions. The protocol is designed to be capital-efficient, using a single liquidity pool and a system of relayers and data workers to fulfill user requests.
TVL: $138M
Chains:
Ethereum
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Uma

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Description

UMA is an optimistic oracle. The OO can record any verifiable truth onto a blockchain, telling smart contracts and markets things about the world so data can be settled. The OO is a decentralized truth protocol backed up by a network of incentivized voting token holders. It's flexible enough to handle natural language questions and increases what we can build in Web3. UMA's OO secures a diverse ecosystem of Web3 applications, including cross-chain bridges, insurance protocols, prediction markets, and customizable DAO tooling products.
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