Hyperon Oracle (DDF)
Author: Hyperon Chain Published: May 29, 2022 Updated: Aug 11, 2022
Hyperon Oracle (Decentralised Data Feed) is a multi-chain, end-to-end, open-source data and oracle platform for Web3.
Traditional and digital financial applications can use the DDF platform to source, validate, and share transparent and certified data streams. DDF's institutional-grade data streams cover asset prices, metaverse data, loan rates, and more.
DDF's data is sourced directly from a variety of on-chain and off-chain sources at the trade level. This allows DDF feeds to be completely customized in terms of source mix and techniques, resulting in tailor-made, high-reliability feeds that usher in a new era for Oracle.
DDF is an open-source ecosystem for financial data. The aim of DDF is to make transparent, accurate, secure and verifiable data accessible for Web3, by bringing together data providers, users and DAO community members.
Data Sources: every second, thousands of trade level data points from multiple on-chain and off-chain sources (Website API, CEXs, DEXs, DeFi, NFT, Metaverse, etc) are aggregated into the DDF Platform.
DDF Open Source Platform:
- Open Contributors: to collect the data, an open community of developers build scrapers to connect new data sources with the DDF open-source platform.
- Governors/validators: a community of token holders discuss and vote to improve the platform; crowd-approve and validate features and govern the DDF Association.
- Off-chain computation: the ingested raw data is computed and sanitised based on fully transparent methodologies to avoid temporary off-data and outliers.
Blockchain: new data points are deliverd via API or dedicated oracle smart contracts and made available to developers.
DApp & WebAPI: DDF oracles are easy to integrate into smart contracts to power a broad range of WebAPI, DeFi, TradFi and Metaverse use cases, such as enterprise applications, lending, staking or stablecoins.
DDF's crowd-sourcing approach to data sourcing uniquely positions DDF to utilise the broadest possible set of sources and ensure maximum coverage of asset price data. Any data feed that is publicly accessible can be sourced, regardless of whether it is listed on exchanges and what its trading volume is - there is no dependency on third-party data providers.
Here is a high-level overview of DDF's data offering:
Crypto Currency Prices
Equity & Derivatives Prices
Multi Blockchain Data
Custom WebAPI Data