What Stork Network does

Stork Network is a blockchain oracle infrastructure company founded in 2022 and headquartered in Brooklyn, NY, that delivers low-latency, cryptographically signed price feeds for onchain finance protocols. The company's core product, Stork Data Feeds, aggregates price data from multiple independent publishers through a decentralized network of nodes, applies outlier rejection and credibility scoring, signs aggregated results using ECDSA (secp256k1) signatures, and delivers data via WebSocket and REST APIs across more than 70 blockchain ecosystems including EVM, Solana/SVM, Sui, Aptos, CosmWasm, Fuel, and Initia. Stork reports sub-millisecond oracle latency, 99.999% uptime, 60M+ daily updates, and $3T+ in transaction value secured across its protocol integrations, claiming to power more than half of all onchain perpetuals volume daily.

Stork's product portfolio is purpose-built for the most demanding DeFi use cases, particularly perpetual DEX (perp DEX) platforms. Supporting modules include Stork Perps (specialized perp DEX oracle), Stork VRF (verifiable random function), Stork Marketplace (data feed marketplace), and 24/7 RWA Price Feeds (institutional-grade feeds sourced from perpetual DEX markets during traditional market off-hours for commodities and equities). Customers include six to seven of the top ten perp DEXs by volume, with named logos spanning Paradex, Lighter, Ostium, Extended, Hyperliquid, dYdX, Aevo, Rysk, Polymarket, and Kalshi. The company operates an API-first go-to-market with self-serve developer documentation at docs.stork.network, supplemented by direct enterprise sales for larger protocol contracts. Pricing is not publicly disclosed; customers are routed to book one-on-one sessions with specialists.

The business model is enterprise infrastructure revenue generated through subscription or usage-based fees charged to protocol subscribers for accessing oracle data feeds. Stork raised over $4 million in seed funding in August 2024 co-led by Lightspeed Faction and Lattice, with participation from CMS Holdings and Wintermute. The company is led by founder and CEO Meredith Pitkoff and operates with a lean team of 1-10 employees. No revenue, ARR, or pricing details are publicly disclosed, though the operational footprint (60M+ daily updates across dozens of top-tier protocol integrations) indicates meaningful production usage rather than pilot-stage adoption.

Name

Stork Network

Legal name

Stork Network

Website

https://stork.network

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

1–10 employees

Short description

Stork Network is a blockchain oracle infrastructure company that delivers sub-millisecond, cryptographically signed price feeds to perpetual DEX protocols across 70+ chains. It powers more than half of onchain perpetuals volume daily, serving 6-7 of the top 10 perp DEXs and major RWA and prediction-market platforms.

Ownership category

akta.pro rank

Product category

Blockchain Oracle Infrastructure

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Services-Computer Processing & Data Preparation (7374), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Oracle Networks & Off-Chain Data (price feeds, randomness, attestation) (FSAPABAE)

akta.pro secondary industries

Oracle Node Operators & Data Provider Networks (FSADAKAH), Blockchain Data & Indexing Infrastructure for Finance (Nodes, Indexers, Oracles) (FSAGAMAL)

Keywords

• Blockchain oracle infrastructure
• Price feed oracles
• DeFi derivatives data
• RWA price feeds
• Verifiable random function

Headquarters

HQ city

Brooklyn

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Infrastructure, Personnel, Marketing or Sales, Operations

Revenue model

1. Oracle Data Feed Services: Stork provides blockchain oracle price feed services to DeFi protocols, primarily perpetual DEX platforms. The company aggregates and delivers price data from multiple publishers to smart contracts. Revenue is generated through fees charged to protocol subscribers for accessing oracle data, likely on a subscription or usage basis. Exact monetization mechanics (subscription vs. per-query vs. tiered) are not publicly disclosed.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels8 records

Core offering

Stork Network provides decentralized blockchain oracle infrastructure delivering low-latency, cryptographically signed price feeds to DeFi protocols, with a focus on perpetual futures exchanges (perp DEXs). The platform aggregates price data from multiple independent publishers, signs aggregated results using ECDSA cryptography, and delivers signed price updates through WebSocket and REST APIs across 70+ blockchain networks with sub-millisecond latency and 99.999% uptime. Stork monetizes these oracle data feed services through subscription or usage-based fees charged to protocol subscribers.

Product overview

Stork Network is an all-in-one blockchain oracle platform built for the most demanding DeFi use cases — perpetual futures exchanges (perp DEXs). The core product is Stork Data Feeds, a low-latency oracle delivering real-time price feeds across 70+ blockchain ecosystems (EVM, Solana/SVM, Sui, Aptos, CosmWasm, Fuel, Initia) with sub-millisecond latency and 99.999% uptime. Supporting modules include Stork VRF (verifiable random function), Stork Marketplace (data feed marketplace), Stork Perps (perp DEX oracle module), and 24/7 RWA Price Feeds (institutional-grade feeds for commodities and equities sourced from perp markets during traditional market off-hours).

Differentiator

Problem solved

Functional benefit

Products and services

• Stork Data Feeds Stork's flagship real-time data feed oracle delivering low-latency price feeds across 70+ blockchain chains. Covers crypto, equities, FX, commodities, and indices. Powers mark-to-market, liquidations, and funding rates for perp DEXs, lending protocols, and tokenization platforms with sub-millisecond latency and 99.999% uptime.
• Stork VRF A verifiable random function (VRF) service offered as part of Stork's all-in-one oracle platform, providing cryptographically verifiable randomness for blockchain applications.
• Stork Marketplace A marketplace component of Stork's oracle platform enabling data feed discovery and access across asset classes including real-world assets (RWAs) such as equities and commodities.
• Stork Perps A specialized oracle infrastructure module for perpetual futures exchanges (perp DEXs), delivering the lowest latency price feeds and best uptime in the industry for mark-to-market, liquidation, and funding rate calculations.
• Stork 24/7 RWA Price Feeds Institutional-grade 24/7 oracle price feeds sourced from RWA perps markets (Binance, Bitget, Hyperliquid, Lighter, OKX) to provide continuous pricing for commodities (gold, silver, WTI, Brent) and equities (TSLA, CRCL, NVDA, MSTR) when traditional markets are closed.

Quantifiable outcome

• Powers >50% of onchain perpetuals volume daily
• +10 more outcomes

Named customers19 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

AI capability2 records

Feature8 records

Partnerships

Nine partnerships are on record, tiered core.

• BinancecoreTechnology or Integration · 13 May 2026Binance is listed as a data source for Stork's 24/7 RWA oracle price feeds, contributing perpetual futures market data when traditional markets are closed. Combined with Bitget, Hyperliquid, Lighter, and OKX, these venues have transacted half a trillion dollars over 90 days on assets covered by Stork's 24/7 oracle methodology.
• BitgetcoreTechnology or Integration · 13 May 2026Bitget is listed as a data source for Stork's 24/7 RWA oracle price feeds, contributing perpetual futures market data for commodities and equities during traditional market off-hours.
• HyperliquidcoreTechnology or Integration · 13 May 2026Hyperliquid is listed as a data source for Stork's 24/7 RWA oracle price feeds and also listed as a customer using Stork oracle infrastructure. Hyperliquid operates 24/7 equity perps and is one of the largest perp DEXs by open interest.
• OKXcoreTechnology or Integration · 13 May 2026OKX is listed as a data source for Stork's 24/7 RWA oracle price feeds, contributing perpetual futures market data for gold, silver, and equities during traditional market off-hours.
• OstiumcoreTechnology or Integration · 1 September 2023Stork partnered with Ostium to build a bespoke RWA oracle pipeline with custom aggregation logic for commodities, FX, equities, ETFs, and indices. Stork operates the node infrastructure and aggregator delivering feeds onchain. Since September 2023, Ostium has grown from 15 testnet markets to 55 live pairs processing $45B+ in trading volume, with 95%+ of open interest in traditional markets secured by Stork's custom oracle.
• ParadexcoreTechnology or IntegrationStork serves as Paradex's perp DEX oracle infrastructure, enabling rapid feed provisioning for newly launched tokens and same-day asset listings. The partnership was instrumental in Paradex's 31x volume growth in 2025, from $68M to $2.1B average daily volume, and user base growth from 4,100 to 70,300. Paradex relies on Stork for Mark Prices and Index Prices across its markets.
• LightercoreTechnology or IntegrationStork partnered with Lighter from day one (January 2025 launch) as its primary oracle, providing cryptographically signed, millisecond-latency price feeds for its ZK-rollup perpetuals exchange. Stork has maintained feeds through extreme liquidation events exceeding $377M in single-day volume, supporting Lighter's rise to one of the top perp DEXs by volume with markets spanning crypto, metals, and equities.
• ExtendedcoreTechnology or IntegrationStork has been Extended's oracle partner from mainnet day one, providing Mark Prices and Index Prices from five Stork nodes. Extended relies on Stork for 99.999% uptime and <1ms latency, achieving end-to-end latency below 5ms. Extended has processed over $230B in trading volume with $140M+ TVL and 15,000+ daily active users.
• Arc (Circle)coreTechnology or IntegrationStork served as the DeFi oracle for Arc, Circle's Layer-1 blockchain purpose-built for stablecoin finance, across all ETHGlobal HackMoney 2025 hackathon projects (155 teams). The partnership powered applications including institutional FX trading and AI agent commerce, demonstrating Stork's role as ecosystem infrastructure.

Scale indicators17 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Switchboard: Cross-chain oracle network offering customizable, low-latency price feeds for DeFi applications, including on Solana, Aptos, and Sui. Directly comparable to Stork in offering customizable, low-latency feeds for perp DEXs and newer L1 ecosystems, and listed alongside Stork as a partner in Kalshi's multi-chain distribution.
• API3: First-party oracle network that aggregates data directly from data providers via Airnodes, eliminating the intermediary layer. Comparable to Stork in offering an alternative to Chainlink's model, with a focus on data provenance and customizable feeds for DeFi protocols.
• Pyth Network: Low-latency oracle network built by trading firms and exchanges (e.g., Jump, Jane Street, Binance) that delivers pull-based price feeds for DeFi. The most direct head-to-head competitor in perp DEX and low-latency use cases, sharing Stork's pull-based architecture and publisher-network model.
• RedStone Finance: Modular oracle network specializing in yield-bearing assets, LSTs, and RWA feeds, with pull-based delivery on multiple EVM chains. Comparable to Stork as a flexible, multi-chain oracle targeting newer DeFi and RWA use cases beyond Chainlink's traditional lending focus.
• Pyth Network: Duplicate reference noted for emphasis — Pyth is the closest direct competitor to Stork in the perp DEX oracle niche, sharing pull-based architecture, publisher-network model, and focus on sub-second latency. Both target the same primary customer segment (perp DEXs) and compete for integration at the protocol level.
• Band Protocol: Cross-chain data oracle platform aggregating and connecting real-world data to smart contracts across Cosmos, EVM, and other ecosystems. Comparable to Stork in offering multi-chain oracle infrastructure for DeFi, with a focus on custom data feeds and cross-chain interoperability.
• DIA (Decentralized Information Asset): Open-source oracle platform delivering verifiable price feeds for crypto, equities, FX, and commodities across 35+ chains. Comparable to Stork in offering multi-asset-class feeds (including RWAs) with customizable aggregation methodologies for DeFi protocols.
• Tellor: Decentralized oracle protocol using a staking-based security model for dispute resolution on data feeds. Comparable to Stork as an alternative oracle serving DeFi protocols with a focus on censorship-resistance and data integrity, though more focused on lending and general feeds than low-latency perps.

Broad incumbents

• Chainlink: The dominant general-purpose blockchain oracle, securing the majority of DeFi TVL. Comparable as the category leader Stork must displace, though Chainlink is optimized for lending and general price feeds rather than sub-millisecond perp DEX workloads.

Emerging players

• Chronicle Labs: Oracle protocol originating from MakerDAO, offering low-cost on-chain price feeds optimized for Ethereum-based DeFi protocols. Comparable to Stork in focusing on cost-efficient, protocol-specific oracle solutions, though with less emphasis on sub-millisecond latency for perp DEXs.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/StorkOracle
• GitHubgithub.com/Stork-Oracle
• LinkedInlinkedin.com/company/stork-labs

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Stork Network