Edge Oracle Network
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Revision as of 04:04, 18 September 2024 by Grand Master Pepe (talk | contribs)
Oracle network on Solana and EVMs
Basics
Announced: 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" (12-9-2024)
Tech
"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:
- Offchain and Cross-chain data aggregation and analysis
- Native risk management and anomaly detection
- Low-latency, high-security design for leveraged, and derivative markets
- 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
