Monad Testnet and the eOracle Stack
eOracle has officially launched on Monad testnet, bringing The eOracle stack to the high-performance blockchain ecosystem. This expansion enables builders to access specialized data feeds through eOracle's reliable and decentralized oracle solution, supporting the next generation of scalable decentralized applications on Monad.
Introduction to Monad
Monad is a high-performance Layer 1 blockchain with a primary focus on EVM compatibility. While maintaining complete compatibility with Ethereum's execution environment, Monad takes a new approach to transaction processing through parallel execution - compared to traditional chains that process transactions one after another. This allows Monad to operate at a performance of 10,000 transactions per second while maintaining sub-second finality - all without compromising on EVM compatibility.
eOracle's Comprehensive Support for the Monad Ecosystem
Our launch on Monad testnet introduces top tier oracle infrastructure that's built to match Monad's exceptional performance characteristics. eOracle provides essential data services that can keep pace with Monad's high throughput enabling developers to build reliable, high-performance dApps.
eOracle Stack's capabilities on Monad include:
- Secured data feeds powering the monad ecosystem builders
- Low latency price updates matching Monad's rapid block times
- Parallel data processing aligned with Monad's execution model
- High data feeds accuracy aligned with Monad’s rapid growth
Through the eOracle Stack, domain experts can build specialized oracle services that benefit from both eOracle's enterprise-grade security and Monad's high performance. This creates new possibilities for DeFi applications that require both high throughput and reliable oracle data.
Resources for Builders & the Community
We're excited to be part of building the future of high-performance decentralized finance on Monad. Our vision is to create a more scalable, efficient and innovative DeFi ecosystem, and we believe the combination of Monad's performance with eOracle's reliable data feeds brings us closer to that goal.
Developer resources:
- Monad testnet feed addresses: https://docs.eoracle.io/docs/eprice/feed-addresses/monad-testnet
- OVS Stack documentation: www.eoracle.io/ovs
- Community hub: link3.to/eoracle
Stay tuned for additional announcements as we continue to expand our support for the Monad ecosystem.