Better security.
Better speed.
Better finality.

It’s about time.

Our game-changing innovation radically improves Oracles and thereby your smart contracts.

Blockchain is here to stay. As more businesses and projects start to embrace decentralization, the need for fast, secure and reliable off-chain data through oracles is crucial to providing useful features and widespread adoption. From DeFi to the metaverse, almost every digital project will need to be connected to other data sources. That’s where we come in.

Our solution provides cross-chain interoperability, 3-5 second finality, and cutting edge cryptography—all backed by thousands of hours of R&D and simulations. Welcome to the next generation of oracles.

It’s just better. Really.

DeFi can finally reach its full potential with our technology because there is no longer a tradeoff between decentralization, scalability, security, and quick finality. With SupraOracles, you can have it all.

Finality in seconds.
Not minutes.

Shorter bar is better. Much better.

Oracles 101

Brush up on your blockchain and oracles knowledge and see why oracles are critical to fueling future blockchain innovations.

DeFi puts the power of finance back into the hands of ordinary people. Instead of being forced to use banks and other centralized institutions, customers can hold onto—and invest their own money directly and securely.

In essence, DeFi means that you own your own money and have access to a new universe of ways to invest it. By increasing industry competition, DeFi also empowers independent developers and entrepreneurs to provide better banking and investing solutions for everyone.

In addition to providing revolutionary new products and services, DeFi also forces traditional financial (TradFi) institutions to up their game and provide better services to their customers.

A smart contract is a computer program stored on a blockchain. Smart contracts automatically execute commands when specific conditions are met. Common smart contracts include agreements between buyers and sellers to swap tokens or to execute legal contracts.

Smart contracts can also send cryptocurrency to a certain address when a certain real-world event occurs, such as in the case of blockchain or DeFi insurance for hacking or weather events.

Smart contracts form the core of blockchain and DeFi applications, as no human intervention is needed to execute the contract after both parties agree to it. This creates “trustlessness” since you do not need to trust a third-party to execute a transaction, only the quality of the smart contract itself. Smart contracts cannot be changed once they are created, which helps avoid manipulation by bad actors.

Blockchain oracles are services that connect blockchain smart contracts to real-world data. Since blockchains are typically closed systems, they rely on additional layers of infrastructure to acquire and ingest data. Most smart contracts need outside, real-world data to operate, such as the current price of cryptocurrency for an exchange contract, or the outcome of a certain real event for a betting platform. 

Blockchain oracles can be either centralized or decentralized. Centralized oracles are controlled by a single entity and generally rely on a single data source for their information. In contrast, decentralized oracles use multiple, independent data sources that do not coordinate with each other. This can be ideal for smart contracts that need faster, more accurate data.

Current oracles suffer from a variety of challenges, including the speed, accuracy, security, and finality of the data they provide. Many blockchain developers believe current oracles are too slow, unreliable, and insecure to effectively do the job they were intended for. 

In addition, the need for a smart contract to trust a third party can eliminate the “trustless” benefits of the contract itself. Many refer to this challenge as the “oracle problem” or the “oracle dilemma.”

Oracles, particularly decentralized oracles, are also vulnerable to hacking and outside manipulation. Poorly-governed oracles may also engage in collusion by attempting to profit off of the information they provide to DeFi protocols, particularly exchanges.

“Supra is an ambitious and highly innovative blockchain platform. It promises improved robustness to network spamming, MEV attacks, and node capturing from a powerful, state-level adaptive adversary, while maintaining low transaction latency and high throughput.”

—Dr. David Yin Yang

Author of LinBFT Consensus Algorithm

Take your projects to the next level.

DeFi
Price Feeds
Payments

Metaverse
Dynamic NFTs
Gaming

Market Data
Supply Chain
Event Data

We’re building a suite of tools for creators, developers, and entrepreneurs. Get updates, project news, and notified when we come out of stealth.

We’re just getting started.

Check our project timeline

2017

  • Original random protocol envisioned

2017

2018

  • Core team established, registered Unity Chain, Inc
  • ‍Expanding research team
  • ‍RNG Oracle research breakthrough
  • ‍Successfully passed RNG “die harder” tests
  • ‍RNG Oracle Protocol research completed
  • ‍UNITY Protocol research breakthrough

2018

2019

  • Multi-Helix ledger simulation results confirmed
  • ‍Applying R&D to Web 2.5 consumer applications
  • ‍Building a non-custodial DeFi platform
  • ‍MHL applied to Oracle Dilemma
  • ‍Entropy Foundation initial setup
  • ‍Supra Labs, Inc. SaaS initial setup

2019

2020

  • Core Unity Protocol research completed
  • ‍Establishing Unity Venture studio
  • ‍Walmart blockchain/IoT finalists
  • ‍Early Unity Protocol PoC completed
  • ‍CBDC RFP Central Bank PoC

2020

2021 + Beyond

  • Structuring Supra Labs, Inc. enterprise team
  • ‍SupraOracles testnet
  • ‍Public PR of global DeFi partnerships
  • ‍Enterprise focus: stocks, derivatives, real estate, etc.
  • ‍Algorithmic stable coin and decentralized treasury

2021 + Beyond

Don’t just take our word for it.

Grants, Credits, Awards, and More

Our team has received sizeable grants, credits, and awards of over $1,000,000 USD in total


Programs & Accelerators