---
type: entity
entity_type: protocol
name: Umbra Privacy Protocol
domain: internet-finance
status: active
founded: 2026
headquarters: Unknown
website: Unknown
---

# Umbra Privacy Protocol

## Overview

Umbra is an Arcium-powered privacy protocol on Solana that conducted its ICO via MetaDAO's Unruggable ICO futarchy launchpad in April 2026.

## Key Facts

- **Technology**: Arcium-powered privacy layer on Solana
- **Governance**: Futarchy-governed via MetaDAO's Unruggable ICO structure
- **Legal Structure**: DAO LLC in Marshall Islands with treasury and IP locked under MetaDAO management
- **Monthly Budget**: $34K/month (fixed, changeable only via futarchy governance)

## Timeline

- **2026-04-28** — Completed ICO via MetaDAO's Unruggable ICO launchpad, raising $155M in commitments (206x oversubscription) from 10,518 investors against $750K target. Pro-rata allocation resulted in ~$9.5M retained (1169% oversubscription metric). Token performance: 700% return post-ICO per Phemex.

## Significance

Umbra represents the largest single MetaDAO ICO by commitment volume and demonstrates the Unruggable ICO structure at scale. The 10,518 investor count is the highest documented for any MetaDAO ICO, showing significant distribution improvement over earlier launches like P2P.me (336 contributors).