Cross-chain DeFi Protocol Umee Mainnet Is Now Live
TokenInsight news, cross-chain DeFi protocol Umee announced that its mainnet is now live. Umee is a cross chain DeFi hub based on Cosmos IBC protocol that interconnects between blockchains. As a base layer blockchain, applications can be built on top of Umee to access cross chain leverage and liquidity.
Previously, Umee closed a $6.3 million seed round in June 2021, led by Polychain with participation from Coinbase, Alameda Research and others.