Proof of Reserves

Updated

Chaos Proof of Reserves provide independent verification of offchain claims such as asset backing and reserves. Smart contracts and protocols can use these signals to monitor whether external assets remain fully collateralized. Developed by Chaos Labs, PoR increases transparency in DeFi by providing continuous visibility into reserve backing.

For live data and examples of proof of reserve feeds, visit the Chaos Proof Oracle Dashboard.

Proof oracles

Chaos proof systems enable the onchain delivery of verified data points, including reserve levels and backings.

Reserve Monitoring and Verification

Chaos tracks reserve levels, ensuring verification of collateral backing, enabling rapid responses to any reserve discrepancies.

Secure and Scalable Data Integration

Chaos ingests offchain data from custodians and centralized exchanges, and other blockchains seamlessly integrating it into the onchain environment to support scalable and institutional-grade deployments.

Tamper-Resistant Reporting

Automated alerts notify stakeholders of any anomalies or if reserve levels fall below required thresholds.

How Proof of Reserves Work

Proof of Reserve operate through a straightforward process:
1

Data attestation

Chaos works with an issuer to create an attestation about their reserves or assets.
2

Proof generation

The statement is processed into verifiable proof.
3

On-chain verification

Smart contracts verify the proof's validity.
4

Status monitoring

Chaos provides a dashboard showing real-time status of oracle feeds, including update frequency, last reported values, deviation thresholds, and heartbeat intervals to ensure transparency and data freshness.
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