About
Umbrella Network is a community owned, decentralized oracle service providing secure, low cost and massively scalable data solutions to DeFi applications. Umbrella Network is able to do this by implementing an innovative layer 2 solution utilizing Merkle trees to batch and aggregate transactions, thus allowing for incredibly low cost, highly scalable data to be made available to developers. We are community owned and governed with the majority of the token supply allocated to the community. We offer over 1,200 data pairs, more than any other oracle on the market, and all for free. We are currently live on BSC mainnet, and will be live on Ethereum mainnet this month in September. Additional chain support is planned in the coming months including Solana, Cardano, Polygon and others.
Umbrella Network is a community owned, decentralized oracle service providing secure, low cost and massively scalable data solutions to DeFi applications. Umbrella Network is able to do this by implementing an innovative layer 2 solution utilizing Merkle trees to batch and aggregate transactions, thus allowing for incredibly low cost, highly scalable data to be made available to developers. We are community owned and governed with the majority of the token supply allocated to the community. We offer over 1,200 data pairs, more than any other oracle on the market, and all for free. We are currently live on BSC mainnet, and will be live on Ethereum mainnet this month in September. Additional chain support is planned in the coming months including Solana, Cardano, Polygon and others.