We study dynamics of chaos in dual port erbium-doped fiber ring laser (EDFRL). The laser consists of two erbium-doped fibers, intracavity filters at 1549.30 nm, isolators, and couplers. At both ports, the laser transitions into the chaotic regime for pump currents greater than 100 mA via period doubling route. We calculate the Lyapunov exponents using Rosenstein’s algorithm. We obtain positive values for the largest Lyapunov exponent (≈0.2) for embedding dimensions 5, 7, 9 and 11 indicating chaos. We compute the power spectrum of the photocurrents at the output ports of the laser. We observe a bandwidth of ≈ 25 GHz at both ports. This ultra wideband nature of chaos obtained has potential applications in high speed random number generation and communication.