Securely bringing the world's data on chain.
Umbrella is the first truly decentralized oracle service providing low cost, massively scalable, and secure solutions for smart contracts.
Why use Umbrella network?
We provide access to data previously unavailable to blockchain developers, and at a far lower cost than any other oracle in the industry. And with over 1,000 data pairs available, we offer more data than any other oracle in the ecosystem.
Over 1,000 data pairs
From Polkadot to the British Pound to the price of Brent Crude, we support over 1,000 data pairs to developers around the world as they develop high-level blockchain projects.
Scalability and Cost-effectiveness
Umbrella’s decentralized nodes are built using Layer 2 Merkle Trees, a solution for bundling thousands of data pairs into a single transaction. This technology significantly reduces costs while increasing the scalability of the system.
Security
Umbrella collects data feeds from multiple sources to calculate the most accurate price in the market. It also utilizes a Delegated Proof of Stake (DPoS) consensus model to ensure the security of the data transfer process.
Community Owned
The data infrastructure supporting decentralized finance is too critical to be controlled by a centralized party. Umbrella is a community owned project where Stakers, Developers, Validators and the Foundation together govern how the network is operated.
