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(-2.74%)
Umee is a cross-chain DeFi hub that interconnects between blockchains.
As a base layer blockchain, applications and money lego primitives can be built on top of Umee to access cross-chain leverage and liquidity. The Umee Blockchain facilitates interoperability between the Cosmos ecosystem, Ethereum network, side-chain architectures, layer two scaling solutions, and alternative base-layer protocols. As a Cosmos SDK blockchain, Umee is interoperable with blockchains including Terra, Crypto.com, Binance Chain, Osmosis, Secret Network, and 30+ other chains, plus Ethereum, from Day 1.
The native UMEE token is a Proof of Stake asset that can began as a Cosmos SDK token and an ERC20 token on Ethereum, but since February, Umee is officially live and deployed on Umee mainnet.
Try our free Umee (UX) portfolio tracker if you want to efficiently keep track of your UX and other coin/token investments.