The Oracle of Record
A decentralized oracle focused on independent verifiability , permanent archival integrity , and provable auditability raising the bar for trustworthy smart contract data.
What is Orcfax?
Orcfax is a decentralized blockchain oracle.
A chain is only as strong as its weakest link. For blockchains, that link is their connection to the off-chain world. Oracles bridge this gap by bringing external data on-chain.
But that’s only part of the solution; the data must also be trustworthy, verifiably accurate, authentic, and factual. This challenge is known as the oracle problem.
Orcfax is more than just an oracle.
It's a decentralized truth machine for verifiable, auditable, and permanent statements of fact.
Trusted by Cardano Leaders:
@Cardano_CF
Orcfax, led by a team of archivists, is advancing decentralized data solutions, bringing decades of storage and retrieval experience into the Cardano ecosystem. 🐋
@FluidTokens
You don’t need to trust Fluid at any point, and that’s the beauty of it.
@InputOutputHK
This month’s Essential Cardano360 went live and welcomed @VyFiOfficial and @orcfax to the show
@bigblymp
Decentralised Oracles do exist in DeFi. It's why we're partnering with @orcfax
@obymare
Orcfax is the only oracle with the technical credibility and ideological alignment to power a protocol like Obymare.
@NuvolaDigital
Nuvola remains committed to supporting @orcfax and participating in all upcoming ITN phases!
@Xerberus_io
With @Orcfax, we’re building a trusted on-chain risk explorer—verified, and accessible to all.
@yamfore
We’re excited to announce our official partnership with @orcfax! 🐋🤝
@Cardano_CF
Orcfax, led by a team of archivists, is advancing decentralized data solutions, bringing decades of storage and retrieval experience into the Cardano ecosystem. 🐋
@FluidTokens
You don’t need to trust Fluid at any point, and that’s the beauty of it.
@InputOutputHK
This month’s Essential Cardano360 went live and welcomed @VyFiOfficial and @orcfax to the show
@bigblymp
Decentralised Oracles do exist in DeFi. It's why we're partnering with @orcfax
@obymare
Orcfax is the only oracle with the technical credibility and ideological alignment to power a protocol like Obymare.
@NuvolaDigital
Nuvola remains committed to supporting @orcfax and participating in all upcoming ITN phases!
@Xerberus_io
With @Orcfax, we’re building a trusted on-chain risk explorer—verified, and accessible to all.
@yamfore
We’re excited to announce our official partnership with @orcfax! 🐋🤝
@Cardano_CF
Orcfax, led by a team of archivists, is advancing decentralized data solutions, bringing decades of storage and retrieval experience into the Cardano ecosystem. 🐋
@FluidTokens
You don’t need to trust Fluid at any point, and that’s the beauty of it.
@InputOutputHK
This month’s Essential Cardano360 went live and welcomed @VyFiOfficial and @orcfax to the show
@bigblymp
Decentralised Oracles do exist in DeFi. It's why we're partnering with @orcfax
@obymare
Orcfax is the only oracle with the technical credibility and ideological alignment to power a protocol like Obymare.
@NuvolaDigital
Nuvola remains committed to supporting @orcfax and participating in all upcoming ITN phases!
@Xerberus_io
With @Orcfax, we’re building a trusted on-chain risk explorer—verified, and accessible to all.
@yamfore
We’re excited to announce our official partnership with @orcfax! 🐋🤝
@Cardano_CF
Orcfax, led by a team of archivists, is advancing decentralized data solutions, bringing decades of storage and retrieval experience into the Cardano ecosystem. 🐋
@FluidTokens
You don’t need to trust Fluid at any point, and that’s the beauty of it.
@InputOutputHK
This month’s Essential Cardano360 went live and welcomed @VyFiOfficial and @orcfax to the show
@bigblymp
Decentralised Oracles do exist in DeFi. It's why we're partnering with @orcfax
@obymare
Orcfax is the only oracle with the technical credibility and ideological alignment to power a protocol like Obymare.
@NuvolaDigital
Nuvola remains committed to supporting @orcfax and participating in all upcoming ITN phases!
@Xerberus_io
With @Orcfax, we’re building a trusted on-chain risk explorer—verified, and accessible to all.
@yamfore
We’re excited to announce our official partnership with @orcfax! 🐋🤝
Not Just Data — Proof.
We take Oracles seriously. Here's what makes us different.
- Flexible & Extensible
- Built to provide access to various types of data feeds supporting both automatic and on-demand publishing.
- Permanently Verifiable
- Every step of the process is independently verifiable, traceable, and provable, ensuring complete transparency forever.
- Cost-effective & Optimized
- Multiple feeds are bundled together and optimized using Cardano's eUTXO model for efficient and predictable transaction costs.
- Audited & Open-Source
- All off-chain and on-chain code is open-source and audited by Blink Labs and TxPipe to ensure security, and trust.
- Leading Archival Practices
- Built by archivists and digital preservation experts, we comply with archival standards for a long-term recordkeeping system.
- Decentralized Architecture
- All network operations are executed by a network of validator nodes incentivized by $FACT rather than a centralized entity.
The Orcfax Workflow
Every Fact Statement has a life cycle. Here's how it goes.
Collect
First, data is collected from a minimum of 3 independent sources to mitigate single points of failure and protect against compromised or anomalous data.
Process
Then, each source's data is normalized into a common standards-compliant format that is both human and machine readable and calculated to a single value.
Validate
Then, a network of validator nodes verify the integrity of the data's structure, timestamps, and hashes ensuring an authentic and accurate final value.
Publish
Finally, the value is published on-chain for smart contracts to use along with a permanent link to its fact statement archive (stored on Arweave L0) containing the necessary supporting information needed to independently verify and prove the value of the fact statement in perpetuity.
Oracle Solutions
The data and proof you need for your smart contracts.
Automatic Heartbeat
Choose your feed's frequency (e.g 1hr) and deviation (e.g 1% change) for automated on-chain publication. Perfect for systems that need oracle data on a regular basis.
On-Demand API Beta
Query current price data and trigger on-chain publications on your schedule. Perfect for systems that need more manual control.
Integrate With Your Smart Contracts
Read our developer manual for integration details and check out our examples of demo dApps that utilize Orcfax oracle feeds.
Build With Orcfax
We are open to exploring custom oracle solutions for interested and aligned projects such as:
- New feed types
- Custom data sources
- Custom data processing
- Collaborative research
Use Cases
When Trust and Proof are Non-Negotiable.
Tokenomics
$FACT: Orcfax's Cardano-native Utility Token
$FACT Token
$FACT is the Cardano-native utility token for Orcfax's ecosystem. It has necessary function and utility and is used for oracle data publication, staking by our data validator nodes, validator network incentivization, and voting power in future DAO governance decisions.
The $FACT token was made available on the open market via the Wingriders Launchpad on 2023-09-08 and was distributed as follows:
You can read more about the utility token and tokenomics in our docs.
Validator Network
Orcfax's Path to Decentralization
Validator License NFT
The Validator License is an NFT that grants holders the right to operate an Orcfax validator node in the Orcfax decentralized validator network.
Orcfax validators are software nodes run by a decentralized network of operators around the world. These nodes collect, validate, publish, and archive real-world data on-chain.
The Orcfax Validator License NFT mint was completed on 2024-04-18. However, licenses can be purchased on the secondary market.
Incentivized Testnet (ITN)
Orcfax's ongoing Incentivized Testnet (ITN) is a major step in enhancing the decentralized oracle infrastructure on the Cardano blockchain.
Instead of having off-chain business deals and contracts with hand-picked validators, Orcfax is implementing a permissionless and decentralized Oracle pool model for its validator network.
This initiative is preparing the Orcfax network for a smooth transition from our current federated node model to a fully decentralized model.
For more information on the ITN, you can read the ITN Docs or check out the Validators Status Page.
Team
We are a lean and dedicated team with deep expertise in archival science, digital preservation, and blockchain tech.