defirisk.co
rubric v1.7.0

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 #

  • Docs
    https://docs.ethena.fi/solution-design/key-trust-assumptionsretrieved 2026-04-28
  • Partner feed
    risk-dashboard/.research/protocols/ethena/00-data-cache.json oracle_feeds[] (19 Chainlink addresses)retrieved 2026-04-28
  • Docs
    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 →

rubric_version v1.7.0 protocol ethena factor RD-F-048 score green collected_at 2026-04-28 13:58:51