Ethena Labs has partnered with Chaos Labs to integrate Chaos Labs' data authenticity technology, Edge Proof oracles, into its risk management framework for the synthetic stablecoin USDe. The oracles will independently verify the total dollar value of the token's reserves and confirm that the reserves are governance-approved and delta-neutral. This integration adds transparency and security to USDe's reserves, ensuring they stay secure and providing automated alerts for data anomalies. Chaos Labs' Edge oracles have been used by various decentralized finance (DeFi) giants, securing over $70 billion in volume.



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