Oracles

Oracles are third-party services that provide smart contracts with external information. They act as a bridge between blockchains and the outside world, enabling smart contracts to access off-chain data. Oracles are essential in expanding the functionality of smart contracts by enabling them to interact with data sources beyond their native networks.

There are oracle providers are available on Zircuit, you can learn more about them below.

• RedStone RedStone is a modular oracle specializing in providing gas-optimized data feeds and offering price feeds for new LSTs, LRTs, Bitcoin LSTs, and emerging types of stablecoins. Their services are available cross-chain including EVM and non-EVM chains, rollups, and appchains.

• API3 API3 provides price feed services to smart contracts in a decentralized, trust-minimized way, using first-party oracles, with each source being verifiable on-chain. A key feature of API3 oracles is the ability to fast-track the most accurate asset value through API3's Oracle Extractable Value (OEV) network. API3 focuses on maximizing security and minimizing latency.