Oasis

Oasis is a layer-one blockchain whose central claim is that it can run smart contracts while keeping the data inside those contracts private. It is designed for developers who need confidential computation — situations where inputs, outputs, or both must remain hidden from outside observers — and targets use cases in AI data processing, decentralised finance, and gaming. Its flagship component, Sapphire, is positioned as the first Ethereum-compatible network to offer this kind of native, on-chain privacy.

Oasis uses a Proof of Stake consensus mechanism in which validators stake ROSE tokens to participate in block production and earn the right to validate transactions. The network uses a layered architecture that separates consensus from execution, allowing different runtime environments — including the private EVM called Sapphire and a cross-chain privacy layer — to operate on top of the same base layer. ROSE is used to pay transaction fees, to stake with validators, and to participate in governance across these runtimes.

The data stored here does not include a fee revenue figure for Oasis, so fee-based valuation measures cannot be calculated from the information on this page. What the data does show is a total value locked of 337,146.19 USD and a stablecoin supply hosted of 404,962.21 USD, both point-in-time figures, which together indicate a small amount of on-chain economic activity relative to a market capitalisation of 64,576,089 USD — giving a market-cap-to-TVL ratio of 184.18 at this point in time. The fully diluted valuation to TVL ratio stands at 229.05 point-in-time, reflecting how thinly the current locked value is spread against total token issuance.