📝 Editor's Note:

Happy Halloween and welcome to OurNetwork's latest. This week we're covering oracles, whose data feeds quietly underpin all of crypto.

Indeed, according to DefiLlama's data, oracles now secure well over $90B in value. Chainlink in particular, has had a strong year to date, going from just over 50% market share to over 60% market share in terms of total value secured.

Still others like Redstone and Chaos Labs have carved out niches in the oracle landscape.

Redstone, for example, is responsible for over 99% oracle market share on HyperEVM, the Ethereum Virtual Machine built into Hyperliquid, the finance-focused Layer 1.

And Chaos Labs' oracles have been on a tear as well, having jumped 15x in two years in terms of total value secured, according to DefiLlama.

Shoutout to mar1na, Veronica, and Chaos Labs for coverage in this one.

Let's get into it.

– ON Editorial Team

Chainlink | RedStone | Chaos Oracles

• Chainlink enables offchain-to-onchain and interchain data transfers with decentralization-compatible oracles and interoperability technology. Foundational to moving crypto’s data, Chainlink has processed over $8B in transfers, 53% of this volume being in the past three months. Chainlink has 165 blockchain partners, and its Cross-Chain Interoperability Protocol (CCIP) is currently live on 67 chains, according to the Chainlink Ecosystem website. Per DefiLlama, Chainlink collects ~$10K in fees daily.

• Chainlink’s token, LINK, houses $12.4B in market cap. LINK is part of digital asset treasuries, including non-crypto traditional stock market businesses. Potential LINK single-asset ETFs to be launched are currently in regulatory review. Chainlink’s other TradFi partnerships notably include SWIFT.

• Onchain, Chainlink has processed 700K+ interchain requests, most requests representing Base and Arbitrum. An October 2025 integration with MegaETH launched a speed-forward native onchain oracle, a bolster to the DeFi trading usecase such as high-frequency price data for onchain derivatives.

• Since early 2023, RedStone’s TVS has expanded by ~4,600% to $8.198B, with integrations across 170+ protocols, including Compound, Morpho, Spark, Ethena, Lido, and TON, and tokenized-asset issuers such as Securitize (BlackRock BUIDL, VanEck VBILL, Apollo ACRED, Hamilton Lane SCOPE). Following the acquisition of Credora, RedStone is now building toward risk-aware DeFi, a prerequisite for institutional participation and onboarding large-scale capital.

• RedStone supplies ~99.5% of oracle data on HyperEVM, securing over $4B in TVL across major protocols like Felix and HyperBeat, and setting the data standard for the ecosystem.

• With prediction markets emerging as a high-growth vertical at $274.74M TVL, RedStone holds early positioning via its Kalshi integration and BNB Chain’s designation of RedStone as the preferred oracle stack for prediction-market builders.

• Chaos Price Oracles have secured over $339B in cumulative onchain volume in 2025, a 171% increase from the end of 2024. Chaos Oracles have expanded rapidly since launch, becoming a top six oracle by total value secured and delivering the most complete oracle suite in DeFi with Price Oracles, Risk Oracles, and Proof of Reserves active across major ecosystems, including Aave, Ethena, GMX, Pendle, and Jupiter Perps.

• Chaos Risk Oracles automate onchain risk management by adjusting parameters like open interest caps and liquidation thresholds to maintain market stability. Chaos Risk Oracles secure $25B in value across 250 assets and 11 networks, and are live on Aave, GMX, Pendle, Plasma, Jupiter Exchange Perps.

• Chaos Proof of Reserves is live on USDe, AUSD, USDT0, BTC.b, and WETH.e, verifying over $18B in total reserves.