BREAKING
511d 8h ago

Oracle v4 by Sonic Labs: Revolutionizing Off-Chain Data Verification for Ethereum

ETH

ETH/USDT

$2,127.12
+4.51%
24h Volume

$39,049,302,904.94

24h H/L

$2,145.26 / $2,009.54

Change: $135.72 (6.75%)

Long/Short
69.8%
Long: 69.8%Short: 30.2%
Funding Rate

-0.0018%

Shorts pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$2,121.96

1.67%

Volume (24h): -

Resistance Levels
Resistance 3$2,577.98
Resistance 2$2,403.28
Resistance 1$2,234.29
Price$2,121.96
Support 1$1,994.75
Support 2$1,826.83
Support 3$1,157.44
Pivot (PP):$2,110.44
Trend:Downtrend
RSI (14):32.9

On September 16, Sonic Labs’ CTO Andre Cronje announced on X that Oracle v4 has been submitted for auditing. This latest iteration facilitates the authentication of off-chain data. Practical applications span from oracle-based solutions (price feeds, treasury management, proof of existence) to tokenization mechanisms (equity tokens, stablecoins, real-world assets). Moreover, Oracle v4 can be integrated into bridge technologies. Notably, while these implementations are zero cost for DApps, they incur only minimal additional gas fees for users.

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