COTI, a leading privacy-focused blockchain platform, today successfully integrated Oracle services on the mainnet, enabling decentralized applications to access facility-grade privacy in encrypted real-time data feeds.
Oracles is at the heart of the Defi and Web3 ecosystem, bridging off-chain information such as price supply and weather data to on-chain applications. By integrating band protocols, COTI now offers developers a seamless way to incorporate critical private tamper-proof data feeds into DAPP to build intimate, enterprise-ready solutions.
We now live at COTI MainNet!
It’s a joy to work with @cotinetwork and I’m excited to see the next wave of Dapps, which will be launched on this powerful, privacy-focused network.
Start using bands at COTI now: https://t.co/ci0azldqmo pic.twitter.com/gr0g0z2ihs
– Bandprotocol (@bandprotocol) April 11, 2025
Encrypting Oracle Feeds and institutional adoption
With COTI’s unique privacy layer, Band Protocol encrypts standard datasets before they are published on-chain, protecting sensitive information from malicious actors. This end-to-end encryption allows only certified smart contracts to decrypt and consume data. This is a feature that addresses data confidentiality, one of the biggest hurdles for institutions considering Web3 deployment.
Band’s protocol integration allows COTI developers to subscribe to live price tickers ($coti, $btc, $eth) for their key assets in just a few clicks and tailor them to their needs. The important parameters are:
- Update frequency: From submanufactured intervals to hourly updates.
- Deviation Threshold: Triggers feed only if price movements exceed set boundaries, balancing cost and data freshness.
This flexibility allows teams to optimize Oracle usage and reduce gas costs on the chain while maintaining the accuracy required for sophisticated Defi strategies.
Building a privacy-first Web3 ecosystem
Band Protocol is best known for its Oracle features, but collaboration with COTI presents a broader vision. The band’s cross-chaining Oracle Framework combines the privacy-on-mand with Coti’s privacy-on-mand, allowing developers to safely move information between EVM and non-EVM networks, facilitating use cases from forecast markets to Web3 games.
One of the first beneficiaries of this integration is Carbon Defi, a decentralized exchange of purchase book styles built by Bancor. Carbon Defi’s backtesting tool leverages Band Oracle to obtain real token prices for COTI, enabling traders to model and execute strategies with confidence in data integrity. By relying on secure Band endpoints, Carbon Defi enriches its interfaces with critical aspects due to dynamic trading capabilities such as automated order placement and strategy optimization.
Band on the horizon Oracle V3
Based on today’s milestone, Band Protocol is already deploying Oracle V3 on COTI’s testnet. Upcoming Mainnet Upgrades – decorated for release by the end of Q2.
- Fastest data delivery: Reduce mission-critical feed latency.
- Low cost: A streamlined architecture to minimize gas consumption.
- Enhanced customization: More detailed control over feed parameters and new data types.
While the band Oracle V3 is deployed, the COTI ecosystem will benefit from a more robust and cost-effective Oracle infrastructure. By delivering fast, reliable, tamper-proof data feeds, band protocols allow developers to build next-generation Defi, games, and Web3 applications.
