Predict x UMA: Automated Resolutions Are Here
Markets are only as good as their resolutions.
That’s why we’ve entered into a strategic partnership with the heavy hitters over at UMA, in one of our most significant upgrades to date.
For you, it means faster, automated resolutions on every new market, with the magic of optimistic oracles integrated directly into the platform.
For us? It means working with the industry’s most innovative oracle player. With Predict as UMA’s favored prediction market on BNB Chain, we’ll be innovating on smarter, more scalable and reliable outcomes for oracle services — not just for our own platform, but for the prediction market space as a whole.
What Is UMA?
UMA protocol, operated by Risk Labs, is a prediction market oracle.
In prediction market terms, it’s an absolute powerhouse that pipes off-chain data (election results, game outcomes, the weather, literally anything else) onto a blockchain network, without relying on a centralized authority for verification.
Some of the world’s largest DeFi platforms integrate them to automatically retrieve data via smart contracts, thereby building powerful financial tools that require no middlemen — including Polymarket.
How it works
With UMA, anyone can put forward a statement (e.g., “Team A won the game on 03/02/2026”). Crucially, they also put forward collateral, which they’ll lose if they’re wrong.
From here, the statement can go undisputed, and after some time has passed, it’s accepted as fact. Otherwise, in case of a dispute, UMA tokenholders come together to ascertain the truth, with monetary incentives rewarding honesty and penalizing incorrectness.
UMA is optimistic because of the first condition: it assumes that the statement is true if it is unchallenged. This makes for much faster resolutions and the ability for a wider range of data, as users can submit arbitrary, verifiable statements versus basic formats like price feeds.
What It Means for Predict
In short: it’s a game changer.
With UMA now powering things under the hood, we’re moving away from our semi-automated resolutions mechanism towards a fully automated system that supercharges the user experience.
As their favored partner on BNB Chain, Predict can now offer near-instantaneous resolutions on markets, broaden the available market selection to rival that of leading platforms like Polymarket, and begin laying the foundations for developments like user-generated markets.
Turn your convictions into cash on BNB Chain's favorite prediction market.