Oracle Beat
Compares oracle data quality & let social layer provide feedback.
Oracle Beat
Created At
Winner of
Blockscout - Big Blockscout Explorer Pool Prize
Prize Pool
Pyth Network - Most Innovative use of Pyth pull oracle (Price Feeds) 3rd place
Project Description
In a DeFi landscape where smart contracts rely on price feeds that might lack optimal quality or exhibit concerning deviations, Oracle Beat delivers a web application for robust data validation and comparison.
Users can compare real-time and historical price information for various asset types (from cryptocurrencies to real-world assets) sourced from multiple Web3 oracles, and contrast this with traditional financial data.
By visualizing and quantifying data deviations, the application provides vital insights into oracles integrity and performance, empowering dApp developers to build with greater confidence and ensuring the reliability of their dApps.
It also offers a comparative matrix of source characteristics and detailed Oracles insights, empowering robust risk assessment and truly informed decision-making within the decentralised ecosystem.
Additionaly it enables users to get Merits for identifying significant deviations or contributing insights. This creates the important social feedback to Oracles.
How it's Made
I am the hardcore Solidity dev with neither FE dev experience nor vibe coding experience. Throughout the hackathon I learned to vibe code the FE using Scaffold ETH from 0 knowledge level to working complex app. That made be enjoy creating apps again.
Built bootstrapped efficiently using Scaffold-ETH. Tailwind CSS for a clean UI. Wagmi.js / Ethers.js handle Web3 wallet integration.
Key Integrations & Partner Technologies:
Pyth Network: Our primary Web3 oracle. We directly consume Pyth's Pull Oracle (Price Feeds) and Hermes to get high-fidelity, real-time FX data for our core comparison and analysis. We are simulating the perspective of the general dapp DX.
Tested suggested Umbrella Oracle on Rootstock, but realised there not enough relevant data feeds.
Traditional FX Data: Integrated via standard financial data APIs to provide a real-world benchmark.
Blockscout: Leverage Blockscout explorers for transparent linking to on-chain oracle transactions and integrate the Blockscout Merits API. This gamifies user engagement, allowing us to reward users with Merits for identifying significant deviations or contributing insights.
