AUTONOM is a brand-new oracle design powering on-chain exposure to untapped markets like equities and indices, while drastically revolutionising the cost efficiency and data accuracy of traditional crypto asset price feeds.
We’re a team formerly from Wintermute, API3, and tradfi, building the first profitable capital markets and crypto oracle specifically designed to open up the tradfi world to all of blockchain.
Unlike other oracles, we’ve integrated the ability to handle stock events into our design. This makes us the only oracle correctly bringing you on-chain access to untapped RWA markets like derivatives of equities, commodities, indices and ETFs, whose total trading volume exceeds 143T yearly.
As for crypto price feeds, we’ve fixed them too. Unlike other oracles, we’ve integrated economic penalties for inaccurate data into our design, using EigenLayer’s token forking model. This makes us the only oracle able to mitigate faults in an effective and capital efficient manner, thus maximising data accuracy while optimising profits (and passing cost savings on to customers.)
Corporate actions like stock splits, issuing dividends, and M&A confuse standard price feed oracles, so perpetuals platforms don’t want to offer equities derivatives as they bleed money when bad actors exploit these actions. Autonom’s unique oracle design automatically accounts for discrete pricing changes from these corporate actions, finally allowing perpetual platforms to comfortably and profitably provide on-chain exposure to an entirely untapped equities and commodities trading market, worth $143T in yearly trading volume off-chain.
Autonom is run as an EigenLayer Actively Validated Service (AVS) that provides data to trading platforms on any blockchain (EVM- and non-EVM).
A network of decentralised EigenLayer operators validate Autonom’s AVS via restaked ETH, EIGEN, AUTO or Liquid Restaking Tokens.
Observers are empowered to dispute inaccurate oracle data following EigenLayer’s token forking model for decisioning — inaccurate operators will have their staked tokens effectively “slashed” by 100%.
This direct inbuilt mechanism for oracle accuracy economically incentivises Autonom and its operators to only provide accurate data.
As an EigenLayer AVS, Autonom’s security is more decentralised, and leverages the existing trust and security mechanisms of Ethereum to underpin oracle operations.
No need for the added complexities of confirming accurate data as seen in other oracles. EigenLayer allows for a more efficient use of resources by handling all processing and validation of chain: transactions instantly confirm.
Autonom is a full service stack provider for perpetual dexes and lending protocols. Off-protocol tasks such as limit orders and autoliquidations no longer need to be externalised to separate parties. By hooking into Autonom, protocols can access these functions via our one-stop task manager, maximising the amount of revenue they keep within their system.
Autonom takes fees based off of trade closure sizes, paid in major stablecoins.
The protocol is designed to externalise overheads, keeping operating costs as low as possible: compute is decentralised across node operators, and gas is split between users and dApps.
Finally, Autonom’s data accuracy model “rents” economic security from restakers — assuming a 20% slashing penalty for bad prices, Autonom only requires $5M worth of restaked tokens to effectively secure the system from oracle attacks for trade sizes up to $1M.
More here including numerical examples about how we’re using real revenue to incentivise restakers and AUTO token holders to stick with us, while keeping overheads low, giving us the most profitable business model of all oracles.
We’re prioritising partners with prior involvement and interest in EigenLayer, restaking platforms, oracles, perpetuals and lending protocols, and equities and commodities trading. Please book in for a discovery call with us here.
Looking to add stocks, indices, ETFs and commodities to your perpetuals offerings by using Autonom as your RWA oracle?
Looking to use Autonom as an additional price feed for cryptocurrency assets?
Please book in for a discovery call with us here.
co-founded Elemental Blockchain, bringing with him over a decade of experience in network security and software development. As a Decentralized Software Engineer at Wintermute, he developed and integrated advanced backend infrastructure and smart contracts to assist with trading and market making, with deployments peaking at 9 figures worth of daily volume. He developed the first OEV product for API3 in 2022, which maximises MEV extraction at the oracle level.
has had a longstanding career in corporate finance and controlling as a Division Controller for the industry-leading German engineering and tech MNC Rohde & Schwarz. She’s also worked in Web3 marketing for Minterest and API3, most recently as their Social Media Lead.
is a crypto native in his professional capacity who joined API3 as a founder in 2018. Since then he has been crucial in enabling business relationships with his extensive network and heavily involved in overall operations of API3. With his deep knowledge of oracle technology, he helped ideate the conceptual framework of Autonom to usher in the next era of DeFi.
has been active in the blockchain space since 2017, and recently spearheaded the business side of API3’s Quantum Random Number Generator. Prior to Web3, he performed editorial information relay for Amazon AWS, Oracle, and Wells Fargo’s high-yield bonds and emerging markets division.
has had a career spanning over 25 years of network engineering, security and software project management. He’s worked for numerous multinational enterprises such as HSBC, Dow Jones and Bloomberg. Today, he serves as Director at API3 and advises several startups in the blockchain industry.
J.D., is an attorney at Kooperman Mentel Ferguson Yaross, where he focuses on international business transactions, corporate finance, and securities matters. Jon has advised multiple web3 projects on deployment and operations and co-founded Elemental Blockchain, bringing with him deep knowledge in web3-related issues and regulatory frameworks.
bears >20 years of experience in tech entrepreneurship after creating and exiting a popular online game with 3M+ MAU at age 16. Led and advised >120 startups across cloud, streaming and distributed ledger tech. Recently Head of Engineering at Onramper, now Web3 Architect at Animoca Brands / Mocaverse.
