According to ChainCatcher, at the Solana Breakpoint conference, Chaos Labs Founder & CEO Omer Goldberg said that the decentralized oracle protocol Edge launched last week has processed more than $40 billion in transactions.
It is reported that Edge is Jupiter's main oracle, which can dynamically and real-time adjust on-chain risk parameters to improve the responsiveness and efficiency of DeFi platforms in volatile markets, and support secure on-chain delivery of custom data points.
According to data from Web3 asset data platform RootData, on September 19, Chaos Labs announced that it had received investment from PayPal Ventures; on August 15, Chaos Labs announced that it had received US$55 million in Series A financing led by Haun Ventures, with F-Prime Capital, Slow Ventures, Spartan Capital, Lightspeed Venture Partners, Galaxy Ventures and PayPal Ventures also participating in the investment.
