Umbrella Network Partners with Oction
Another partnership from Umbrella Network. Oction will provide option data, access data feeds from major to mid cap coins and calculated metrics like Implied Volatility.
“We are elated to work with Umbrella Network towards augmenting reliable off-chain data on our trading platform. We look forward to retrieving Umbrella Network’s diverse Layer-2 financial data including crypto price feeds, more accurate options & derivatives data that will help platforms like ours to more accurately price options and allow our users to perform more efficiently and profitably.”
Japhet Lim – Project Lead at Oction
“The Umbrella Network is excited to work with Oction, and to offer our secure Layer-2 data to the CeDeFi Options trading platform. The partnership creates a great opportunity for both Umbrella Network and Oction to work together and realize the potential for DeFi. As a community-owned oracle, we look forward to offering secure and reliable financial data to their team and ecosystem for seamless transactions and diverse use cases.”
Sam Kim – Founding Partner of Umbrella Network
