Umee Review: What to Know Before Using It
Umee is a crypto lending project associated with borrowing and lending digital assets, but it has reportedly rebranded as UX Chain. Published details are too limited to assess its current costs, safety or onboarding reliably.
By the SkyBitcoins review team · Updated
SkyBitcoins rating
Not rated yet
At a glance
Umee key facts
| Type | Digital-asset lending project |
|---|---|
| Token | UMEE listed; rebrand to UX Chain reported |
| Chains | Ethereum and Umee listed |
| Audits | Two listed; details not established |
| Value locked | $18.3K−0.8% 7d |
| Updated |
Umee FAQs
What is Umee, and is it still called Umee?
Umee is described as a blockchain-based lending project for borrowing and lending digital assets. A search result reports that it has rebranded to UX Chain (UX), so check the project’s current identity before interacting with it.
What is the Umee token?
UMEE is listed as Umee’s token. A search result reports a rebrand to UX Chain and the UX token, so confirm which token and network a current service supports before sending funds.
What does it cost to use Umee?
Exact lending rates, network fees, custody arrangements and current access steps are not established. Don’t deposit or approve a transaction until you have verified the current app, network and transaction terms.
Compare
Umee alternatives
Aave offers open crypto lending and borrowing, but variable rates, gas costs and liquidation risk make it best for informed DeFi users.
Aave V3 offers non-custodial lending and collateralised borrowing, but rates vary and deposits remain exposed to DeFi and liquidation risks.
Compound V3 offers variable-rate crypto lending across several networks, but market terms and liquidation risks require close checking.
Aave V4 offers non-custodial lending and collateralized borrowing, but rates vary and smart-contract, market and liquidation risks remain.
Euler V2 offers configurable lending markets across many chains, but check each vault’s rates, liquidity and liquidation rules before depositing.
Morpho Blue offers non-custodial lending markets and curated vaults, but rates change and supplied assets face smart-contract, oracle and market risks.
Same category
More Lending dApps
SparkLend offers governance-set on-chain borrowing rates, but check each market’s live terms and liquidation risks before supplying collateral.
Morpho offers variable-rate and fixed-term lending plus curated vaults, but check each product’s fees, terms and risks before depositing.
Euler offers flexible crypto lending and market-building tools, but check each market’s fees, collateral rules and risks before depositing.
Nolus offers fixed-rate, asset-backed spot margin, but check live borrowing costs and liquidation terms before using leverage.
Dolomite offers multi-network lending, borrowing, swaps and strategies, but variable rates, liquidation and contract risks call for care.
NAVI offers variable-rate lending and collateralized borrowing on Sui, but users must weigh liquidation, smart-contract and liquidity risks.
Same chain
More on Ethereum
Lido turns staked ETH into liquid stETH, but variable rewards, a 10% reward fee and withdrawal and contract risks need checking.
Bitvavo offers euro funding, 400+ crypto assets and Pro Mode, but check withdrawal terms and the separate risks of staking and leverage.
GetBlock suits teams needing multi-chain RPC and data services, but check usage billing, coverage and SLA terms before relying on it in production.
Uniswap offers wallet-based swaps and liquidity pools across 15+ networks, but pool fees, gas and self-custody risks still matter.
Arbitrum Bridge is a direct way to move supported assets between Ethereum and Arbitrum One, but Ethereum withdrawals typically take around seven days.
Uniswap V2 enables wallet-based swaps and liquidity provision, but check the pool, network, gas and token risks before you trade.
How we checked
Sources
Last updated . Spotted an error? Tell us and we will correct it.