Oracles & Data Feeds

Bringing real-world data on-chain

Decentralized oracle pools provide external data for DeFi & prediction markets.

Oracle Features

Reliable external data for smart contracts

Decentralized Oracle Pools

Multiple data providers ensure reliability and prevent manipulation

On-Chain Aggregation

Smart contracts aggregate and validate data from multiple sources

Price Feeds

Real-time price data for DeFi protocols and prediction markets

Custom Data Sources

Connect any external API or data source to the blockchain

Consensus Mechanisms

Various consensus models for different data reliability requirements

Incentive Alignment

Economic incentives ensure accurate and timely data provision

Oracle Architecture

How oracle pools work on Ergo

Oracle System

Ergo's oracle system provides reliable external data:

  • Decentralized data collection
  • On-chain aggregation and validation
  • Economic incentives for accuracy
  • Flexible consensus mechanisms
  • Support for any data type

Oracle Comparison: Ergo vs Leading Alternatives

Six different approaches: eUTXO pools (Ergo), off-chain reporting (Chainlink), pull feeds (Pyth), hybrid models (RedStone), permissionless bonds (Tellor), and optimistic assertions (UMA).

DimensionErgoChainlinkPythRedStoneTellorUMA
Update ModelPush pools on eUTXO; epoch-based publishingPush feeds with Off-Chain Reporting (OCR)Pull/on-demand price feedsHybrid: Push/Pull/X modelsPermissionless reporters with bondsOptimistic assertions with disputes
Aggregation MethodOn-chain pool logic (boxes) + off-chain agentsOff-chain committee → single on-chain submitPyth program + confidence; dApp commits on demandPush on-chain; Pull/X signed bundles in txOn-chain consensus via economic incentivesAccepted unless disputed; DVM arbitrates
Who Pays UpdatesPool treasury pays rewards to reportersOperator set; gas costs amortizedConsumer/updater pays tx fees on demandPush: provider pays; Pull/X: tx sender paysReporters pay bonds; rewards in TRBAsserter posts; participants fund disputes
Update FrequencyConfigurable per pool (minutes/blocks)Infrequent batched; high off-chain frequencyVery high off-chain; on-chain when consumedPush: periodic; Pull/X: on demandRequest/reward-driven; variable timingFast if undisputed; slower when escalated
Permissions ModelCommunity-defined pools/reportersCurated operator set per feedApproved publishers; open readsSigned by providers; open consumptionFully permissionless participationOpen roles (asserter/disputer)
Data TypesPrices; extensible to events via scriptsPrices, VRF, Automation, Functions, CCIPPrimarily prices (crypto/FX/equities/commodities)Prices, RWA data; automation hooksFlexible (prices/events) via query specGeneral truths: prices, events, KPIs
Primary Use CasesErgo DeFi (SigmaUSD), protocol metricsGeneral DeFi feeds, randomness, upkeepPerp DEX/derivatives, high-frequency pricingEVM rollups, cost-sensitive apps, RWACensorship-resistant feeds, open dataPrediction markets, insurance, non-standard data
Key LimitationsNeed disciplined reporters; stale data riskService cost; curated operators dependencyMust handle confidence intervals; updater dependencySignature validation complexity; bundle availabilityLatency variance; dispute economics sensitivityTrust window pre-dispute; arbitration delays
Strong advantages
Mixed/moderate
Limitations/trade-offs
Ergo-specific features

Note: For production integrations add safety belts — averaging windows, deviation thresholds, signature/source checks, fallback feeds, and circuit breakers on anomalies. Each oracle model has unique trade-offs between decentralization, latency, cost, and data quality.

Live Oracle Solutions

Active oracle implementations on Ergo

Frequently Asked Questions