> For the complete documentation index, see [llms.txt](https://docs.wetez.io/wetez/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.wetez.io/wetez/developer/appchain/oasis-paratime.md).

# Oasis Paratime

The Oasis Network is ideal for DeFi applications due to its scalability, instant finality, 99% lower gas fees versus Ethereum, and high throughput. The Oasis Network is designed to support confidential smart contracts that keep data private while being processed. By providing end-to-end data confidentiality on Blockchain, the Oasis Network unlocks new and exciting use cases in DeFi. Check [Paratime](https://docs.oasis.io/paratime/) intro.

## Demo chain

TBD