Umbrella Network Employee Directory
Blockchain ServicesRoad Town, British Virgin Islands2-10 Employees
Umbrella Network operates as a community-owned oracle service for the DeFi ecosystem and broader blockchain applications. It provides scalable, customizable data feeds intended to supply reliable information to smart contracts in a decentralized manner. The platform uses Layer 2-based data batching to deliver multiple data points in a single on-chain transaction, reducing costs and improving efficiency. Based in Road Town, British Virgin Islands, the company is small and serves developers and DeFi projects that require dependable oracle data at low cost. In 2023, Umbrella Network launched its oracle on MultiversX, and in January 2024 extended support to DeFi applications on MultiversX. Additionally, in December 2022 the firm announced an Oracle Services Grant Program to support Web3 projects and broaden access to its services.