Expanding eOracle Integration: Gauntlet, MEV Capital & Swissborg Pioneer Specialized Markets on Morpho

Feb 12, 2025
The adoption of eOracle's customizable price feeds continues to grow as major players like Swissborg, Gauntlet and MEV Capital establish specialized markets on the Morpho platform, demonstrating the versatility and reliability of the eOracle standard for complex asset pricing.

Introducing the New Markets Powered by eOracle on Morpho

Morpho is a decentralized lending and borrowing protocol which uses immutable smart contracts to enable trustless interactions between lenders and borrowers. Morpho is driving true innovation within the lending market space, allowing any protocol to create their own market, curated for their specific risk profile.

eOracle has previously powered new markets on Morpho with MEV capital - you can see the previous announcement here

Morpho's permissionless market creation capability has attracted sophisticated players in the DeFi space, each leveraging eOracle's flexible price feed system to create highly specialized lending markets. Three notable recent implementations showcase the growing adoption of eOracle within the Morpho ecosystem:

  • Gauntlet's LBTC Core Strategy Gauntlet, known for their advanced economic modeling and risk management in crypto, has launched a dedicated market focusing on eBTC/LBTC pairs for EtherFi. This implementation utilizes eOracle's price feeds to ensure accurate asset pricing, enabling precise risk management within their Gauntlet LBTC CORE vault. This market demonstrates how institutional-grade players can leverage eOracle's reliability for complex trading. This also continues to our long standing service as the official primary oracle provider for the EtherFi platform.

Link to eBTC/LBTC Morpho market here

  • SwissBorg's Dual Market Integration In a pioneering move, Gauntlet has partnered with SwissBorg to create a specialized vault accessible through the SwissBorg App. This implementation features two distinct markets: eBTC/tBTC using eOracle's price feeds, and LBTC/tBTC utilizing Redstone oracle. This hybrid approach showcases the strength & interoperability of eOracle within multi-oracle environments while maintaining reliable price discovery for complex Bitcoin-based assets.

Link to eBTC/tBTC Morpho market here

  • MEV Capital's USDC Market Innovation MEV Capital has expanded their Morpho presence by creating an eBTC/USDC market that demonstrates advanced oracle composition. This market combines eOracle's eBTC/BTC feed with Chainlink's BTC/USD price data, showcasing how eOracle can be integrated with other oracle solutions to create comprehensive pricing mechanisms for complex trading pairs.

Link to eBTC/USDC Morpho market here

The Power of Customizable Price Feeds

What makes these implementations particularly noteworthy is how they leverage eOracle's customizable price feed capability. Each market has unique requirements for price discovery and risk management:

  • Gauntlet's implementation requires precise pricing for Bitcoin-based assets across different wrapping protocols
  • SwissBorg's multi-oracle model demonstrates how eOracle can operate alongside other oracle solutions
  • MEV Capital's composite feed shows how eOracle can be combined with other major oracle providers to create sophisticated pricing mechanisms

Market Transparency, Risk Management and Growing Ecosystem Impact

Following Morpho's commitment to transparency, each market maintains clear identification of its parameters and risk profiles. The markets utilize various risk management approaches, from Gauntlet's sophisticated economic modeling to MEV Capital's composite pricing strategy, all supported by eOracle's reliable price feeds.

These implementations represent a significant milestone in the adoption of eOracle as a standard for complex asset pricing in DeFi. The variety of approaches taken by Gauntlet, SwissBorg, and MEV Capital demonstrates how eOracle's flexible architecture can support diverse market requirements while maintaining the high standards of reliability and accuracy needed for institutional-grade DeFi applications.

The continued expansion of specialized markets on Morpho, powered by eOracle's price feeds, signals growing confidence in both the protocol and the oracle solution. As more sophisticated players enter the space, the combination of Morpho's permissionless market creation and eOracle's customizable feeds continues to enable innovation in decentralized lending and borrowing.

The eOracle Stack: Rewriting the Oracle Landscape

Web3's ambition to revolutionize real-world industries has faced a significant bottleneck: getting reliable real-world data on-chain in a truly decentralized way. The eOracle Stack tackles this challenge by introducing a comprehensive oracle infrastructure platform that enables domain experts to build specialized Oracle Validated Services (OVS).

Rather than forcing every oracle provider to build and maintain their entire stack – from infrastructure to security, node networks, and data solutions – eOracle provides a modular foundation through three key components: eOracle Modular Operators leveraging EigenLayer's security, an Immutable Layer for transparent data processing, and a Cryptographic Broadcaster for cross-chain data delivery.

This separation of concerns allows domain experts to focus on their specific data quality and validation needs, whether in finance, climate, or legal data, while inheriting enterprise-grade security and reliability. Think of it as the Wikipedia of oracle development – instead of trying to write all content internally, it empowers specialists to contribute their expertise within a secure, standardized framework.

Visit the OVS Stack Webpage here

Resources for Builders & the Community

Join us in building the future of decentralized finance, powered by eOracle's secure and reliable data feeds. Together, we're creating a more accessible, efficient and innovative DeFi ecosystem.

Developers interested in implementing eOracle solutions can access our comprehensive documentation and support resources:

John Broadley