Chainlink’s New Breakthrough Increases Transparency on Ether.fi

Updated

April 15, 2025

Gambar Chainlink’s New Breakthrough Increases Transparency on Ether.fi

Jakarta, Pintu News – Chainlink recently announced the integration of their Proof of Reserve (PoR) into the Ethereum main network via Ether.fi, a liquid restaking protocol that manages over $4 billion in total value locked (TVL). The integration aims to increase transparency in decentralized finance by verifying on-chain and real-time the 2.4 million Ethereum restaked.

Transparency and Security in DeFi

.@ether_fi, a liquid restaking protocol with $4B+ TVL, has adopted Chainlink Proof of Reserve on @ethereum mainnet.

Proof of Reserve provides real-time visibility into ether․fi's reserve of 2.4M restaked ETH, significantly enhancing the transparency of eETH by enabling users to… https://t.co/WP2zs4SrWC
— Chainlink (@chainlink) April 10, 2025

With this integration, users can independently verify that eETH liquid restaking tokens from ether.fi are fully backed 1:1 by the staked Ethereum (ETH). This provides more security for users who want to ensure their investments are safe. Additionally, Chainlink replaces centralized auditing with a decentralized network of oracles, eliminating a single point of control in the backup reporting process.

The automated security protocols implemented through this integration allow the DeFi protocol to activate circuit breakers, risk factors, and other security protocols that directly impact eETH collateralization. This real-time verifiable backup information is critical to maintaining trust and stability in the DeFi ecosystem.

Chainlink Innovation in the First Quarter of 2025

One of Chainlink’s major achievements in early 2025 was the launch of Smart Value Recapture (SVR). SVR is designed to help DeFi protocols reclaim a portion of the Maximal Extractable Value (MEV) generated in liquidations. The system successfully reclaimed around 40% of the MEV from safe liquidations, avoiding a significant loss of value in the DeFi ecosystem.

In addition, Chainlink’s Payment Abstraction feature has been launched on the mainnet, allowing Chainlink services to be paid in various tokens which are then converted to LINK. This feature integrates CCIP, Price Feeds, and Chainlink Automation to optimize cross-network payments, demonstrating Chainlink’s commitment to expanding functionality and economic efficiency.

Network Expansion and Integration

Chainlink’s Cross-Chain Interoperability Protocol (CCIP) has undergone rapid expansion by integrating into 25 new blockchain networks, including Polygon, Arbitrum, and Avalanche. This strengthens cross-chain connectivity and empowers developers to create more resilient multi-chain applications.

Chainlink has also added over 77 new Data Streams, giving DeFi developers and protocols access to real-time, manipulation-resistant data. These data streams include crucial market, pricing, and on-chain information, supporting the expansion of DeFi usage, gaming, and tokenization of real-world assets.

Conclusion

The integration of Chainlink Proof of Reserve into Ether.fi marks an important step in improving transparency and security in the DeFi ecosystem. With continuous innovation and expansion, Chainlink is establishing itself as a leader in providing decentralized and efficient oracle solutions for decentralized finance.

Also Read: Will the Ripple vs SEC Case Be Resolved Soon? Check out the Expert Review!

That’s the latest information about crypto news today. Get more information about crypto academy from beginner to expert level only at Pintu Academy and enrich your knowledge about the world of crypto and blockchain.

Follow us on Google News to get the latest information about crypto and blockchain technology. Enjoy an easy and secure crypto trading experience by downloading Pintu Crypto via Google Play Store or App Store now.

Experience web trading with advanced trading tools such as pro charting, various order types, and portfolio tracker only at Pintu Pro. Click Register Pintu if you don’t have an account or click Login Pintu if you are already registered.

*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.