Oracle providers used
Ethena's assessment for RD-F-048 — scored green on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.
Evidence summary #
Two distinct oracle systems: (1) Off-chain minting validation via Pyth and Redstone (within 5% of order price, no on-chain call); (2) On-chain Proof of Reserves attestation via 19 Chainlink feeds (ETH/USD, BTC/USD, USDT/USD, USDC/USD, LINK, UNI, COMP, AVAX) plus Chaos Labs Edge oracle and LlamaRisk/Harris & Trotter (weekly). No DEX-based oracle in the stack. Multiple independent providers across both systems.
Sources #
- Docshttps://docs.ethena.fi/solution-design/key-trust-assumptionsretrieved 2026-04-28
- risk-dashboard/.research/protocols/ethena/00-data-cache.json oracle_feeds[] (19 Chainlink addresses)retrieved 2026-04-28
- https://docs.ethena.fi/solution-design/use-of-oraclesretrieved 2026-04-28
Methodology #
List all oracle providers used (Chainlink, Pyth, Redstone, Uniswap-TWAP, in-house, etc.) per asset/market pair in the protocol.
See the full factor methodology and distribution across all protocols →