Chainlink has launched State Pricing, a novel methodology for decentralized asset valuation that utilizes liquidity reserves within decentralized exchange pools to bolster price reliability and security across DeFi ecosystems. This approach significantly mitigates vulnerabilities to market manipulations such as flash loan attacks by deriving fair-market prices directly from pooled reserves.
Initial assets supported by State Pricing include wrapped stETH (wstETH), Aave’s GHO stablecoin, and Coinbase wrapped Bitcoin (cbBTC), with planned expansions to additional tokens. Major DeFi platforms including Aave, Curve, Lido, and GMX have already integrated the solution, enabling broader support for DEX-traded assets in their protocols.
Developers can implement State Pricing through Chainlink’s Data Feeds for push-based updates or Data Streams for pull-based consumption, allowing flexible adaptation to varied application architectures. This dual-access model facilitates streamlined integration for lending protocols, derivatives platforms, and automated market makers.
The methodology delivers continuous, tamper-resistant price feeds that enhance valuation precision and market resilience. By anchoring prices to actual liquidity reserves, State Pricing addresses foundational security challenges while fostering greater trust in decentralized exchanges and complex financial instruments throughout the DeFi landscape.