What Is Oasis?
Oasis (ticker ROSE) is a layer 1 proof-of-stake blockchain built around privacy and confidential computing. Long known as Oasis Network, the project simplified its branding to just "Oasis" in April 2024. Its signature feature is confidential smart contracts: applications can process sensitive data on-chain while keeping that data encrypted, something standard blockchains cannot do because every node sees every piece of state. This makes Oasis a natural home for use cases like private decentralized finance, sealed-bid auctions, on-chain gaming with hidden information, and AI applications that handle personal data.
- Overview - Table of Contents
- What Is Oasis?
- Getting Started With Oasis
- How To Get An Oasis Wallet?
- Oasis Resources
- How To Buy Oasis?
- Latest Oasis News
The technology behind Oasis originated at Oasis Labs, a company founded in 2018 by Dawn Song, a professor of computer science at UC Berkeley and a MacArthur Fellow, along with several of her collaborators. Oasis Labs raised $45 million in 2018 in a round led by a16z crypto, the first investment made by that fund, with participation from Accel, Binance, Polychain, and Pantera. The public network is stewarded by the Oasis Protocol Foundation, and the mainnet went live in November 2020, when ROSE transfers and staking began.
Architecturally, Oasis separates consensus from computation. A proof-of-stake consensus layer, secured by a decentralized validator set, handles agreement and ROSE transfers. On top of it run parallel execution environments called ParaTimes, each tailored to a purpose. Emerald was the original EVM-compatible ParaTime, Cipher runs confidential WebAssembly contracts, and Sapphire, deployed to mainnet in December 2022, is the industry's first confidential EVM. Sapphire lets Solidity developers write contracts with encrypted state using familiar Ethereum tooling, with confidentiality enforced by trusted execution environments (TEEs), secure hardware enclaves that keep data hidden even from the node operators running the code.
ROSE is the network's native token with a fixed supply cap of 10 billion. It is used to pay transaction fees, to stake with and delegate to validators who secure the network, and to participate in governance. Roughly 2.3 billion ROSE were reserved for staking rewards that are paid out over time, with the remainder allocated to backers, core contributors, the foundation endowment, and community and ecosystem programs. Around 7.7 billion ROSE are in circulation as of 2026.
In recent years Oasis has leaned into the intersection of privacy and artificial intelligence. In July 2025 it launched ROFL (Runtime Offchain Logic) on mainnet, a framework that lets developers run heavy computations, including AI models and autonomous agents, off-chain inside TEEs while anchoring verification to the Sapphire chain. The foundation positions this TEE cloud as trustless infrastructure for verifiable AI, and the first ROFL applications included an autonomous trading agent and a privacy-preserving AI companion.
Oasis also offers the Oasis Privacy Layer, which lets applications on other EVM chains call into Sapphire for confidential computation without migrating, extending its privacy technology across the broader Ethereum ecosystem.
Getting Started With Oasis
Getting started with Oasis usually means holding ROSE, staking it, or trying applications built on Sapphire:
- Step 1: Set up the official ROSE Wallet, available as a web wallet and browser extension, to hold ROSE on the consensus layer.
- Step 2: Acquire ROSE on an exchange and withdraw it to your wallet address.
- Step 3: Delegate your ROSE to a validator through the ROSE Wallet or the ROSE App to help secure the network and earn staking rewards.
- Step 4: Explore Sapphire by adding it to an EVM wallet like MetaMask and trying confidential apps from the Oasis ecosystem directory.
How to Get an Oasis Wallet?
ROSE lives natively on the Oasis consensus layer, with wrapped versions used inside the EVM ParaTimes, so the official wallets are the most direct way to hold and stake it.
ROSE Wallet
The official ROSE Wallet from the Oasis Protocol Foundation runs in the browser as a web app or extension. It supports sending and receiving ROSE, staking and delegation, and moving tokens between the consensus layer and ParaTimes.
ROSE App
The ROSE App is the foundation's hub for token holders, combining staking and bridging in one interface, including a native bridge for moving ROSE to and from Ethereum.
EVM Wallets for Sapphire
Because Sapphire is EVM-compatible, standard Ethereum wallets such as MetaMask can connect to it as a custom network for interacting with confidential dApps.
Hardware Wallets
A Ledger device can be used with the ROSE Wallet to keep private keys offline, which is recommended for larger holdings and long-term staking.
Oasis Resources
- Oasis Official Website
- Oasis Documentation
- Oasis GitHub
- Oasis Explorer
- Oasis Blog
- ROSE Wallet
- Oasis on X
- Oasis Discord
- Oasis Telegram
- Oasis Reddit
How to Buy Oasis?
ROSE has been listed on major exchanges since the 2020 mainnet launch and remains widely available.
Centralized Exchanges
ROSE trades on major exchanges including Binance, Coinbase, KuCoin, Bybit, and MEXC, typically against USDT or USD.
Decentralized Exchanges
On the decentralized side, the official ROSE App includes a native bridge between Oasis and Ethereum, and ROSE can be swapped on decentralized exchanges within the Oasis Sapphire ecosystem. The ecosystem directory on the official website lists the current options.
Latest Oasis News
The project's recent direction centers on verifiable AI. The July 2025 mainnet launch of ROFL turned Oasis into a platform for off-chain computation inside trusted execution environments, with support for Intel's newer TDX confidential computing technology, and early applications include autonomous trading agents and privacy-first AI assistants. This builds on the April 2024 rebrand from Oasis Network to simply Oasis, which accompanied a renewed focus on Sapphire and developer tooling.
Ongoing roadmap work includes refreshed user-facing apps such as the ROSE App and Oasis Explorer, easier onboarding through the native Ethereum bridge, and growth of the confidential dApp ecosystem. Because staking yields, listings, and ecosystem details change over time, the official website, documentation, and explorer are the best sources for the current state of the network.