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Chaos Labs Launches Edge, a Decentralized Oracle Protocol

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2024-09-13 02:52:49
On September 13th, Chaos Labs announced the launch of the decentralized oracle protocol Edge to provide support for the Solana ecosystem DEX Jupiter. For the past two months, Edge has provided its services for the $30 billion trading volume on Jupiter. Edge consists of three components:
Price: Provides high-precision price data through an integrated risk engine provided by Chaos' advanced outliers and anomaly detection algorithms.
Risk: According to current market conditions, real-time parameter adjustments are automatically provided on-chain.
Proof: Implement secure on-chain transfer of custom data points, including proof of reserve passed through zero-knowledge proof (ZKP).
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