Supra

Supra

Cross-chain oracle delivering secure off-chain data.

Overview

SupraOracles provides a cross-chain oracle service that delivers off-chain data to blockchains through a distributed network of oracle nodes. It gathers data from external sources, validates and cryptographically attests it, and then delivers it to blockchains, supporting data feeds and verifiable randomness (VRF/RNG). The company differentiates itself by claiming to solve the Oracle Dilemma while maintaining high performance and by offering the Supra Network Activate Program (SNAP), which gives top Web3 projects free oracle services and technical assistance. Its goal is to be the trusted source of fast, secure, and accurate off-chain data for multiple blockchains, helping developers build reliable cross-chain applications and scale the Web3 ecosystem.

About Supra

Simplify's Rating
Why Supra is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Enterprise Software

Cybersecurity

Crypto & Web3

Company Size

201-500

Company Stage

Late Stage VC

Total Funding

$43.5M

Headquarters

Berkeley, California

Founded

2020

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Simplify's Take

What believers are saying

  • Supra raised $24M from Coinbase Ventures, Animoca, HashKey in 2023.
  • Over 550 partners integrate Supra's 0.6-0.9 second oracle feeds.
  • Mainnet launched November 2024 with MoveVM, EVM compatibility developing.

What critics are saying

  • Chainlink's 80% DeFi TVL dominance blocks Supra's market penetration.
  • Pyth Network's sub-second feeds capture Solana high-frequency trading.
  • HyperNova fails under load, draining Hedera and Radix chains.

What makes Supra unique

  • Supra solves Oracle Dilemma with bridgeless HyperNova consensus.
  • Supra 2.0 enables fully onchain automatic DeFi primitives block-by-block.
  • SNAP program provides free oracles, VRF, and assistance to Web3 projects.

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Funding

Total Funding

$43.5M

Below

Industry Average

Funded Over

6 Rounds

Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison
Coming Soon

Growth & Insights and Company News

Headcount

6 month growth

2%

1 year growth

3%

2 year growth

7%
TechStartups.com
Mar 31st, 2025
Supra Announces Winners Of Season One Of The Super Dapp Showdown

Zug, Switzerland, March 31st, 2025, ChainwireSupra, the pioneers of AutoFi and fully vertically integrated Layer 1 blockchain built with MultiVM support, in-protocol oracles, native onchain randomness, cross-chain communication, and automation capabilities, is thrilled to announce the winners of Season One of the Super dApp Showdown. After months of intense competition, nine outstanding projects have emerged as the victors, showcasing innovative solutions across DeFi, GameFi, and more.Launched in August 2024 at a landmark event in Seoul, Korea, the Super dApp Showdown attracted Web3 developers from around the world, challenging them to build and deploy “Super dApps” on Supra’s high-performance Layer 1 network. Over three months, participants demonstrated how Supra’s vertically integrated stack including native oracles, dVRF, automation, and bridges could enhance their projects. Judges from Supra and the hit reality TV show Killer Whales evaluated the finalists based on innovation, scalability, and real-world application.Joshua Tobkin, CEO and Co-Founder of Supra, shared his enthusiasm, stating that “it’s truly inspiring to witness the creativity and innovation from the Super dApp Showdown winners. These teams exemplify the pioneering spirit we hold dear at Supra, and we’re excited to see how they leverage our vertically integrated infrastructure to reach new heights.” Tobkin continued, “Having seen some of these projects in person at our launch at Korea Blockchain Week 2024, I’m incredibly excited to now see a handful selected as winners and deploying on Supra.”Meet the WinnersThe nine winners of SDS Season 1 include an array of projects (listed here in no specific order), some with vast experience in the industry and some newcomers with prodigious talent, across verticals such as GameFi, DeFi, NFTs and RWAs.Pixudi: A Web3 board game blending nostalgia and innovation, merging Dungeons & Dragons vibes with modern Web3 experiences. Already trending as a top game on DappRadar, Pixudi leverages NFT ownership and community engagement to create a vibrant player-driven economy.Evo: The ultimate Web3 trading terminal for professional traders, integrating Supra’s real-time data and automated trading bots to deliver exceptional speed and trade execution.Crystara: A dynamic NFT marketplace with gamified blind box mechanics, powered by Supra’s decentralized Verifiable Random Function (dVRF) to ensure fairness and transparency.Solido Money: A revolutionary DeFi protocol offering liquid staking, zero-interest borrowing, and optimized yield strategies for enhanced financial empowerment.Deri Protocol: A cutting-edge decentralized derivative exchange featuring onchain hedging, speculation, and arbitrage across multiple blockchain networks with consolidated liquidity and minimized gas fees.Growfitter: A thriving RWA and brand rewards platform with over 2.5 million app downloads and high-profile partnerships with Animoca Brands, Puma, and even Cristiano Ronaldo!Atmos: Supra’s native DeFi liquidity hub, featuring an AMM DEX and Fair Launch Token Launchpad, making token creation and trading easy and transparent.Superlane: An advanced decentralized money market protocol enabling efficient lending and borrowing with parallel execution and enhanced composability.SkinFi: A first-of-its-kind token-powered skin trading platform for both off-chain and onchain game assets, backed by a strong community of esports and Counter Strike 2 gamers.These nine winners will each receive support from Supra’s $100 million ecosystem fund, and will now be launched into Supra’s ecosystem with generous marketing packages that include numerous special features on Supra’s media platforms

CRYPTOMERIA LABS PTE. LTD.
Mar 25th, 2025
Supra Rebrands Blockpour as OpenBlocks.ai

Supra has acquired Blockpour and rebranded it as OpenBlocks.ai, focusing on AI-powered cross-chain solutions to enhance blockchain interoperability and efficiency. This strategic move integrates Blockpour's data resources into Supra's ecosystem, aiming to drive innovation in the blockchain space. OpenBlocks.ai will develop AI agents within Supra’s IntraLayer architecture to optimize cross-chain interactions, enhancing security and user experience.

Crypto News Flash
Mar 1st, 2024
SUPRA Labs' Oracle Price Feeds Now Live on Hedera: Empowering dApp Developers Worldwide

Supra is working on HyperNova, an upcoming bridgeless cross-chain consensus mechanism.

The Crypto Times
Dec 7th, 2023
SupraOracles Partners with Radix Network For Web3 Innovation

SupraOracles partners with Radix Network for Web3 innovation.

PR Newswire
Dec 7th, 2023
SupraOracles integrates with Radix, the full-stack, Layer-1 smart contract platform

SupraOracles integrates with Radix, the full-stack, layer-1 smart contract platform.

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