Oracle

Overview

Oracles provide access to off-chain data within smart contracts. They enable applications on Pharos to interact with real-world information such as asset prices, market data, and external events.

For many use cases, especially in DeFi and real-world asset applications, oracles are a critical component for bringing reliable data on-chain.

What You Can Do with Oracles

• Access price feeds and market data
• Build applications that rely on real-world inputs
• Trigger contract logic based on external conditions
• Power lending, trading, and RWA protocols
• Integrate off-chain data into on-chain workflows

Why It Matters

Smart contracts operate in a deterministic on-chain environment and cannot directly access external data.

Oracles bridge this gap by securely delivering off-chain data to the blockchain, enabling more advanced and dynamic applications.

Available Oracle Providers

Pharos supports oracle solutions for different data and integration needs.

Refer to the pages below for setup and usage:

• Supra DORA Pull Oracle
• Chainlink Data Streams