Difference between revisions of "Edge Oracle Network"

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(Created page with "Oracle network on Solana and EVMs == Basics == Announced: [https://x.com/omeragoldberg/status/1834231003071774778 12-9-2024], but saying it had been operating for 2 months already. == Governance == * ''"In the coming weeks, we'll fully decentralize the Edge Oracle Network. Partners like @galaxydigital, Nethermind, and Blockdaemon will join as network participants"'' ([...")
 
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* From the announcement coming out of stealth ([https://x.com/omeragoldberg/status/1834231003071774778 12-9-2024]):
* From the announcement coming out of stealth ([https://x.com/omeragoldberg/status/1834231003071774778 12-9-2024]):


"It has secured over $30B in [[Transaction (Tx)|transaction]] volume as @[[Jupiter (JUP)|Jupiter]]Exchange's primary Oracle, powering more than >60% of all [[Solana (SOL)|Solana]]’s [[Perpetual Contract|perp]] volume over the past two months.
"It has secured over $30B in [[Transaction (Tx)|transaction]] volume as @[[Jupiter (JUP)|Jupiter]]Exchange's primary Oracle, powering more than >60% of all [[Solana (SOL)|Solana]]’s [[Perpetual Contract|perp]] volume over the past two months."
 
And
 
''"[[GMX (GMX)|@GMX_IO]] and other market-leading teams have [https://x.com/chaos_labs/status/1834232242446676106 selected] Edge to configure critical parameters in real-time."''


== Team ==
== Team ==

Latest revision as of 04:04, 18 September 2024

Oracle network on Solana and EVMs

Basics

Announced: 12-9-2024, but saying it had been operating for 2 months already.

Governance

Tech

  • Built on: Solana and EVMs
  • From the announcement coming out of stealth (12-9-2024):

"Edge's architecture allows it to provide not just prices, but contextual integrity. It understands market dynamics, liquidity fragmentation, and potential manipulation vectors across multiple chains and protocols.

Key features of Edge:

  1. Offchain and Cross-chain data aggregation and analysis
  2. Native risk management and anomaly detection
  3. Low-latency, high-security design for leveraged, and derivative markets
  4. Reduced burden on application developers for price integrity checks"

Usage

  • From the announcement coming out of stealth (12-9-2024):

"It has secured over $30B in transaction volume as @JupiterExchange's primary Oracle, powering more than >60% of all Solana’s perp volume over the past two months."

And

"@GMX_IO and other market-leading teams have selected Edge to configure critical parameters in real-time."

Team

Chaos Labs