Here you will find details of all the products currently built on UMA, along with both official and community produced resources for their use.
Yield Dollars are created when you lock collateral in a contract to borrow a synthetic asset can be redeemed for the equivalent of 1 USD in the collateral asset. They are typically minted by those wishing to unlock capital in the assets they wish to hold.
Call options are tokens which allow you to purchase the asset at a fixed price at a future date. They are typically minted by those who wish to lock in a future price of an asset without immediate purchase.
- UMA Call Options (token address: UMAc35-0521)
- Balancer Call Options (token address: BALc90-0521)
- Uniswap Call Options (token address: UNIc50-0521)
- xSushi Call Options (token address: XSUc25-0531)
KPI Options are tokens which expire to an as yet undetermined amount of the underlying asset, based on known metric. They are typically minted by a protocol and airdropped to community members or aligned parties as an incentive to work towards a shared goal.
Stock market indices track a defined basket of stocks, this may be an established metric, but can also be a customised selection, they expire to the price of their underlying stocks in the collateral currency.
Metals indices track the price of a metal, and expire to exactly that value in the collateral currency.
Crypto Metric tokens are synthetic assets which track a cryptocurrency value - this might be a metric (such as gas), relative price (such as hybrid tokens), or a tokenised off-chain currency
NFT indices track the price of NFTs
Synthetic USD tokens allow hedging against stablecoin variations.