Quex develops intelligent data oracles that provide secure and verifiable access to real-world data for blockchain applications. By utilizing advanced cryptography, the platform enhances decentralized finance, real-world asset integration, and prediction markets, ensuring data integrity and expanding blockchain functionality.
Funding
$500K 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.
Founders
Product
Problem
Blockchain oracles often lack robust cryptographic security, making decentralized applications vulnerable to data manipulation and attacks. Existing oracles can be rigid, failing to provide access to proprietary APIs or niche data required for custom use cases. High on-chain processing costs and limited smart contract capabilities restrict complex off-chain logic and AI scaling.
Solution
Quex provides a secure and verifiable data oracle platform that leverages Trusted Execution Environments (TEEs) to bridge Web2 and Web3 data. The platform allows smart contracts to securely access, compute, and verify Web2 data on any blockchain, eliminating the need to trust oracle operators or intermediaries. By using hardware-level security (TDX chips), Quex ensures tamper-proof, verifiable data integrity and protects users from direct and manipulative attacks. The platform offers fully customizable data feeds via HTTPS and cryptographic attestation inside TEEs, enabling builders to fetch proprietary APIs or niche data. Quex moves computation off-chain and verifies results on-chain, reducing costs while maintaining trust.
Target Audience
Quex targets Web3 product teams, including DeFi, RWA, and prediction market developers, who require secure and verifiable data oracles to enhance their decentralized applications.
Features
- Hardware-level security with Intel TDX chips to eliminate manipulation, human errors, and insider threats
- TEE ensures tamper-proof, verifiable data integrity
- Fully customizable data feeds via HTTPS + cryptographic attestation inside TEEs
- Portable, modular oracles with one integration for multi-chain deployment
- Pull-based data queries with TEE verification for real-time, on-demand, cost-efficient updates
- Executor registration within Quex VM, a minimalistic, fully encrypted VM with no input devices, secured by Intel TDX
- Executor code generates a fresh private key that never leaves the VM
- Signed quote generation with a corresponding public key