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Scribe

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Category: Oracle

Chronicle Labs

Chronicle Protocol is a decentralized oracle service designed to provide cost-efficient and verifiable data for blockchains. It addresses the limitations of traditional oracles by introducing Scribe, a cryptographic primitive that reduces gas fees significantly. The protocol emphasizes verifiability, allowing every piece of data to be tracked end-to-end via 'The Chronicle', its on-chain data record. Chronicle is blockchain-agnostic, deployable on both public and enterprise ledgers, and features a community-powered consensus network of 22 validators, including prominent entities like Infura, Etherscan, and MakerDAO. Originally developed in 2017 for MakerDAO to facilitate the creation of SAI (DAI's predecessor), it continues to be the exclusive oracle provider for MakerDAO, securing billions in assets and supporting its money markets.
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Funding Rounds

Funding Round: Seed
Funding Date: 25 Mar, 2025
Raised Amount: $12M
Funding Round: Seed
Funding Date: 1 Mar, 2025
Raised Amount: $12M

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