DeFi
eOracle and Hexagate Announce Gate Security Oracle Protocol for a “DeFi Firewall”
Hexagate, a Web3 Security leader launches The Gate Security Oracle, a decentralized solution security protocol built on the eOracle stack, the leading Active Validation Service (AVS) on Clean diaperaccording to the latest updates disclosed to Finbold on July 9.
The collaboration introduces the first machine learning-based decentralized security protocol to improve trust in decentralized finance (Challenge) community.
Yaniv Nissenboim, Co-Founder and CEO of Hexagate, commented on the groundbreaking innovation the partnership would bring, saying:
“Over the last two years, we have pioneered proactive real-time security and developed proven ML and invariant monitoring engines that today protect over $50 billion in TVL across various protocols, chains, bridges, and asset managers. But a decentralized space also needs decentralized security. To start in this direction, we decided to partner with eOracle because the OVS model represents a revolutionary innovation to enable modularity in the middleware layer. We are really excited about this and believe it will spark a new wave of innovation in the space.”
Addressing the Challenges of Decentralized Protocols
Trust and security are paramount in developing secure decentralized protocols, but many projects are forced to choose between decentralization and robust infrastructure.
The advent of EigenLayer AVS, backed by billions of dollars of staked Ethereum (ETH), seeks to address these issues by leveraging the inherent security of staked Ethereum.
eOracle, a leading AVS protocol, uses re-valued ETH to ensure the security of its Oracle network.
With over $5 billion in ETH staked and backed by over 120,000 stakers and 110 validators worldwide, eOracle is the most resilient crypto oracle solution.
Matan Si, founder of eOracle, commented on eOracle’s role in solving these problems, saying:
“When we started building eOracle, we aimed to closely follow Justin Drake and Vitalik Buterin’s Oracle EIP proposals. However, we quickly realized that while Ethereum offers an ideal architecture, it is not practical for most use cases. Heavy computation and fast connectivity require a dedicated, immutable layer. To solve this problem, we developed eOracle as a modular, programmable layer designed for both data and computation. This system leverages Ethereum validators and staked ETH to ensure shared security. The future is modular, and not just for blockchains but for middleware as well. Just as Layer 2 solutions have dramatically expanded the scope of scalable applications, AVS will usher in a similar wave of innovation in the years to come. AVS are the new L2s.”
eOracle DeFi Firewall
Built on the eOracle stack, The Gate Protocol Security Oracle leverages the Oracle Validated Service (OVS) model to help developers integrate Hexagate ML models and protect their on-chain protocols.
This creates a native “DeFi firewall” that preemptively mitigates risks.
OVS improve blockchain scalability through fast connectivity and computational bandwidth, allowing protocols to maintain decentralization without sacrificing security.