Chainlink continues to SHIP 🚢🚢🚢
State Pricing is a new pricing methodology for @Chainlink Data Feeds and Data Streams, optimized for long-tail & DEX-traded assets.
Complementing existing VWAP-based pricing methodologies, State Pricing provides devs more choice on how to price newer and more niche assets that have notable on-chain liquidity but lower volume on CEXs.
Initially supported assets include wstETH, GHO, LBTC, cbBTC, ezETH, tBTC, and more, which is being adopted by @aave, @LidoFinance, @GMX_IO, and @CurveFinance (a mixture of consuming protocols, asset issuers, and DEX data sources).
This pricing methodology has a lot of nuance in how it provides reliable pricing, taking into account data from numerous chains and DEXs, so dive into the blog to learn the details:
Introducing Chainlink State Pricing—a new pricing methodology optimized for crypto and tokenized assets that primarily trade on decentralized exchanges.
State Pricing is now available for a variety of assets via Chainlink Data Feeds & Data Streams.
🧵👇
23.03K
412
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.