Synternet and CoreDAO integrate real-time proof-of-reserves for wBTC, allowing builders to monitor reserves continuously and detect anomalies instantly, improving DeFi security.
Author: Tanishq Bodh
May 1, 2025 – CoreDAO has integrated Synternet’s real-time data streams to monitor Wrapped Bitcoin (wBTC) reserves continuously across its ecosystem, marking a significant advancement in DeFi security. This collaboration eliminates the need for oracles and reduces the lag typically associated with traditional proof-of-reserves systems, giving builders the tools to detect anomalies instantly and take immediate action.
As Bitcoin becomes an integral part of the DeFi ecosystem, ensuring the integrity of BTC-backed assets like wBTC and BTC-backed stablecoins is essential. Trust in these assets depends on the ability to verify reserves in real-time. When this trust is broken, the repercussions can spread quickly and have irreversible consequences.
Recent incidents, such as the Mantra token collapse earlier this month, highlighted the importance of timely risk detection. Though unrelated to Bitcoin, the event underscored a broader issue: on-chain warning signs were missed because the system lacked real-time monitoring. In the context of Bitcoin-backed assets, this kind of lag could destabilize entire DeFi protocols.
Traditionally, oracles have been used in blockchain systems for delayed consensus, with a time lag often measured in minutes. However, this delay can be detrimental during periods of high volatility.
Synternet’s integration with CoreDAO changes this by providing continuous streaming, structured data that can be used immediately. This means that Core builders can detect fluctuations in reserves as they happen, triggering automated defensive actions without relying on external validators or waiting for consensus.
By adopting Synternet’s infrastructure, CoreDAO transforms proof-of-reserves from a passive record into an active security measure, providing a much-needed layer of protection in DeFi.
Through the integration, CoreDAO ecosystem builders now have access to Synternet Insights, a tool that translates live blockchain data into actionable intelligence. Builders can subscribe to AI-compatible data streams through the Synternet Marketplace, including the real-time Bitcoin proof-of-reserves for wBTC.
This feature is designed to streamline development by allowing CoreDAO’s builders to access crucial data without increasing risk, accelerating project timelines, and ensuring security. The CoreDAO team is encouraging all ecosystem projects to integrate Synternet PoR streams into their systems to enhance security and efficiency.
The integration between Synternet and CoreDAO is a significant step toward building a smarter and safer future for DeFi. As more capital enters decentralized systems, the need for observable, verifiable, and automated infrastructure will be essential for ecosystem success.
This collaboration ensures that BTCfi (Bitcoin-backed DeFi) is prepared for the next wave of growth, with a focus on enhanced security, transparency, and scalability.
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