Flare provides a full‑stack, on‑chain data infrastructure for EVM‑compatible blockchains. Its Flare Time Series Oracle aggregates real‑time price feeds from 100 vetted data providers, delivering signed, high‑frequency data that is stored immutably on‑chain and accessed via SDKs in Solidity, JavaScript, Python, Rust, and Go. The platform also includes tokenized asset support (Fassets) and a decentralized finance connector (FDC) for building DeFi applications.
Funding
$46.8M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
ALFounders
Product
Problem
Decentralized applications often lack trustworthy, low-latency on‑chain data such as price feeds, requiring them to rely on centralized oracles that introduce latency, single points of failure, and higher costs.
Solution
Flare delivers a full‑stack data infrastructure that brings real‑time, tamper‑resistant data onto the blockchain. Its Flare Time Series Oracle (FTSO) aggregates price information from a network of 100 independent data providers, each limited to a 3.3 % stake, to produce signed, high‑frequency price feeds. The data is enshrined in Flare’s native protocols, making it directly consumable by smart contracts on the Flare EVM. Developers can access these feeds through a suite of SDKs and example contracts in Solidity, JavaScript, Python, Rust, and Go, enabling seamless integration without managing off‑chain infrastructure. The platform also supports tokenized assets (Fassets) and a decentralized finance connector (FDC) for broader financial use cases.
Target Audience
Flare is aimed at blockchain developers and DeFi projects that require reliable, on‑chain price or other external data, as well as enterprises building decentralized financial services on an EVM‑compatible network.
Features
- Flare Time Series Oracle (FTSO) providing signed, high‑frequency price feeds from 100 vetted data providers
- Enshrined data protocols that store oracle results on‑chain for immutable access
- Native support for the Ethereum Virtual Machine, allowing existing Solidity contracts to run unchanged
- SDKs and code examples in Solidity, JavaScript/Web3, Python/AsyncWeb3, Rust/Alloy, and Go/Ethereum client
- Tokenized asset framework (Fassets) and decentralized finance connector (FDC) for building complex financial products
- FlareStake mechanism that caps individual provider stake at 3.3 % to ensure decentralization and security