Umia price

UMIA

Umia is the onchain venture protocol. Founders apply to launch their token through Umia, raise funds in an open auction, and keep building while their tokenholders govern the project's treasury through decision markets.

Every project on Umia gets its own legal entity, holding the project's intellectual property, its team and its treasury. The funds it raises sit in an onchain treasury contract that the founding team cannot spend on its own. The team draws a monthly allowance, set at formation with recipient addresses and purpose limits, which pays out automatically for development and go-to-market; raising it is itself a decision the market has to approve.

Fundraising runs through a Tailored Auction, Umia's configuration of Uniswap's Continuous Clearing Auction (CCA): an onchain auction that discovers the token's price over a set window, with refundable bids. Parts of the sale can be reserved for a project's own community, with participants proving they qualify through zkTLS proofs generated in their browser by the Umia Extension, without revealing their identity, their accounts, or their data. Part of the proceeds automatically seeds a Uniswap v4 liquidity pool owned by the project's treasury.

Anything beyond that allowance, a large one-off spend, a new commitment or a change in compensation, goes to a decision market, an open market that prices what each option would do for the project.

UMIA is the token of the Umia protocol, an ERC-20 on Base. Holders direct the protocol's noncustodial treasury, its configuration including fees, and its strategic direction through decision markets, and auction participants hold that influence from day one. UMIA is also the pairing asset of the Community Track: every curation market is paired against UMIA, so holders decide which applying projects are admitted, and each admitted project grants the protocol treasury a fixed share of its own token supply. Umia is the first project launched on its own platform, running under the same rules as every project that launches after it.

UMIA has a maximum supply of 50,000,000 tokens, of which 40,000,000 form the launch supply. The remaining 10,000,000 form a performance reserve, released only as the token reaches sustained price milestones, with no time-based schedule. Any issuance beyond the maximum requires approval through a decision market.

24,349,850 UMIA are in circulation from the token generation event on 2 September 2026: 17,300,000 sold in the public Tailored Auction, fully unlocked; 3,089,850 in the noncustodial protocol treasury, deployable only through resolved decision markets; 3,460,000 of protocol-owned liquidity in the UMIA/USDC pool on Uniswap v4 on Base; and 500,000 for community incentive campaigns.

The remaining allocations are locked at the token generation event: backers hold 10,150,150, the team 2,500,000 (including a reserved pool for future team grants) and contracted service providers 3,000,000. Each vests monthly over 36 months from the token generation event with a 12-month cliff, at which the first year's accrual is released, then monthly thereafter.

Francesco Mosterts, co-founder and CEO. Formerly quant at Point72; co-founded Chainbound, an Ethereum R&D lab. Background in quantitative trading, DeFi infrastructure, and decentralized governance.

Nicolas Racchi, co-founder and CTO. Background in Ethereum infrastructure and distributed systems engineering for the past three years at Chainbound. Leads the development of the Umia protocol and platform.

Umia ships as a full stack. The legal entity, the auction, the liquidity, the treasury and the governance are one system, and a project gets all of them by launching. There is no foundation, DAO or labs split to assemble separately.

Umia is built for the whole EVM. Any EVM project can launch through it, and projects can launch on any EVM chain where Uniswap v4 is deployed.

Fundraising runs on a Tailored Auction, Umia's configuration of Uniswap's Continuous Clearing Auction (CCA). Bidders set a budget and a maximum price, the auction discovers the clearing price onchain over the sale window, unspent budget is refunded, and the proceeds seed a Uniswap v4 pool owned by the project's treasury at the discovered price.

Sale phases can be gated with zkTLS. Participants prove eligibility in their browser through the Umia Extension, without revealing their identity, their accounts or the data behind the proof, so a launch can reserve part of its sale for the people it is built for.

Governance runs on decision markets that can carry more than two outcomes. Each option of a proposal, including taking no action, trades as its own conditional market, the outcome with the highest time-weighted average price executes onchain, and the result binds the project the way a board decision binds a company.

The protocol's contracts were reviewed by Certora, with the final report delivered in April 2026. Umia ran a public testnet on Base Sepolia from 30 July to 11 August 2026, with the full launch and governance flow running end to end.