The Flare Time Series Oracle (FTSO) is a decentralized oracle system that provides regularly updated price data for various assets. It aggregates data from multiple providers to ensure accuracy and decentralization.
FTSO data feeds are available for cryptocurrencies, traditional assets, and other financial data. These feeds are crucial for DeFi applications, prediction markets, and any smart contract that requires reliable external data.
Data is aggregated from multiple independent providers, ensuring no single point of failure.
Prices are updated every 3 minutes, providing fresh data for time-sensitive applications.
Cryptographic proofs ensure data integrity and prevent manipulation.
Supports a wide range of cryptocurrencies, forex pairs, and commodities.
The FTSO system works in repeating cycles where price data is collectedĀ andĀ finalized:
This example connects to the FTSO contract and reads the latest price. You will need to replace YOUR_RPC_URL with a working Flare RPC endpoint. The getCurrentPrice function returns the price and the time it was last updated, so you can see both the value and when it became final.
Continue to the next guide to build your first application with FTSO data feeds.