Messari.io
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13:30 Apr 29, 2025
In Q1 2025, Chronicle Protocol’s TVS increased by 10.5% QoQ to $12.6 billion, supported by growing adoption from protocols such as Spark, Euler, and Dolomite. The protocol recorded 373,300 oracle price updates, a 67.7% increase from Q4 2024, with over 97% of updates occurring on Ethereum Layer‑2 networks. The number of unique price updaters rose to 11,700, up 24.8% from the previous quarter. Leveraging its Scribe technology, Chronicle oracles demonstrated a 63.4% improvement in computational efficiency and a 65.7% reduction in cost compared to Chainlink, despite slight increases in gas consumption. Chronicle also continued to expand its network and infrastructure. Key developments included integrations with Berachain, Unichain, Corn, Plume, and Superseed; the onboarding of three new validators to strengthen decentralization; and several new oracle deployments across DeFi protocols such as Resolv Labs, Avalon, and Credit Coop. The quarter also saw Chronicle reduce the challenge period for its ScribeOptimistic ...