Skip to main content

What Is an “NFT Appraisal Oracle”?

An NFT appraisal oracle is a decentralized service that provides a reliable, real-time estimate of an NFT's fair market value to a smart contract. Since NFTs are illiquid and subjective, these oracles use machine learning, sales history, and collection rarity data to generate a price feed, which is critical for calculating loan-to-value ratios for NFT collateral.

What Is a ‘Liquidation Cascade’ and How Can It Be Front-Run?
What Role Do Oracles Play in Providing Reliable Market Data to Smart Contracts for Options Trading?
Can Smart Contracts Interact with Real-World Data and Events?
How Do Oracles Provide Necessary Data for Decentralized Options Pricing?