Oasis at a glance.
Oasis launched its mainnet in 2020 as a privacy-focused Layer 1 that separates consensus from execution and runs a confidential EVM called Sapphire. Here is how it works and what it is used for, not the price.
$102,530
Liquidity across DEX pools on Oasis. Updated Jun 8, 2026. Source: GeckoTerminal.
ROSE
Used for fees and securing the network. See the live ROSE price.
How Oasis works.
Oasis splits the network into a consensus layer and an execution layer. The consensus layer uses a proof-of-stake, Byzantine fault tolerant protocol run by validators who stake ROSE, and it reaches instant finality, meaning a finalized block is not reverted. Smart contracts run separately in execution environments called ParaTimes, so transaction processing can scale independently of consensus.
Oasis splits the network into a consensus layer and an execution layer. The consensus layer uses a proof-of-stake, Byzantine fault tolerant protocol run by validators who stake ROSE, and it reaches instant finality, meaning a finalized block is not reverted. Smart contracts run separately in execution environments called ParaTimes, so transaction processing can scale independently of consensus.
Two-layer design
A consensus layer secures the chain while separate runtimes called ParaTimes handle execution, which lets the network add execution environments without changing the base layer.
Sapphire confidential EVM
Sapphire is a ParaTime that runs Ethereum Virtual Machine contracts inside hardware-protected enclaves, so contract inputs and state stay encrypted while remaining compatible with Solidity. It went live in 2023.
ParaTimes
Each ParaTime is an execution environment with its own rules. Emerald is a standard EVM environment and Sapphire is the confidential one, and ROSE is used for fees across them.
Proof-of-stake security
Validators stake ROSE to take part in consensus, and holders can delegate their stake to validators to help secure the network and earn rewards.
What Oasis is used for.
ROSE is used to pay transaction fees, to stake and delegate for network security, and to take part in governance across the network and its ParaTimes.
Confidential smart contracts
Build EVM applications on Sapphire where contract data and state are kept encrypted from validators and the public.
Network fees and staking
Pay gas in ROSE and stake or delegate it to validators to secure the network and earn rewards.
Standard EVM apps
Deploy ordinary Solidity contracts on the Emerald environment using familiar Ethereum tooling.
Hold, swap and spend ROSE.
Oasis is integrated in Zypto App. Hold ROSE in self-custody, swap it to any supported asset, and use it across Zypto’s features.
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