DeFi risk and transparency provider LlamaRisk said its protocol-owned risk oracle has gone live on Aave and is powered by Chainlink Runtime Environment (CRE). According to Foresight News, ownership of the oracle belongs to Aave.

The oracle dynamically manages the risk of Pendle PT collateral and will first be used on Aave v3 Ethereum. It is planned to expand to all Aave PT markets in the future.