Uma token sees 90% surge after hinting at MEV-focused solution
Powered by @unfolded- Uma's native token price surged by 90% after hinting at an MEV solution named Oval
- The market capitalization of Uma's token reached $300 million, the highest since mid-2022
- The MEV solution Oval is aimed at protecting lending protocols and is expected to be introduced next week
- Uma is an Ethereum-based DeFi protocol focusing on synthetic assets and its price surge occurred despite the overall crypto market downturn
https://www.theblock.co/post/273532/uma-token-sees-90-surge-after-hinting-at-mev-focused-solution