# UMIP 65 -Add uTVL\_KPI\_UMA as a Price Identifier

**URL:** <https://discourse.uma.xyz/t/umip-65-add-utvl-kpi-uma-as-a-price-identifier/1476>\
**Category:** technical UMIPs\
**Created:** [March 2, 2022, 1:43pm UTC](https://discourse.uma.xyz/t/umip-65-add-utvl-kpi-uma-as-a-price-identifier/1476 "2022-03-02T13:43:38Z")\
**Posts on this page:** 1\
**Page:** 1

<div class="post-metadata">

**Author:** ![Mhairi](https://yyz2.discourse-cdn.com/flex032/user_avatar/discourse.uma.xyz/mhairi/32/48_2.png) [@Mhairi](https://discourse.uma.xyz/u/Mhairi)\
**Post date:** [March 2, 2022, 1:43pm UTC](https://discourse.uma.xyz/t/umip-65-add-utvl-kpi-uma-as-a-price-identifier/1476/1 "2022-03-02T13:43:38Z")

</div>

Key Performance Indicator(KPI) options are synthetic tokens that redeem to protocol tokens with the redemption value determined by performance against that indicator. One example of a KPI is Total Value Locked (TVL).

This UMIP enables the DVM to support price requests based on the TVL of UMA

A synthetic option is minted against a base collateral, in this case UMA, which expires at 00.00(UTC) June 30th 2021.

Options are redeemed on the basis of TVL/10^9, with a floor of 0.1 and a ceiling of 2.

> <https://github.com/UMAprotocol/UMIPs/blob/master/UMIPs/umip-65.md>