Chainlink Launches State Pricing to Enhance Accuracy for Long-Tail Crypto Assets on DEXs

Key Points

1. Chainlink State Pricing improves price accuracy by leveraging on-chain liquidity and centralized exchange (CEX) volumes, reducing slippage and enhancing market efficiency on DEXs.

2. The system operates via two oracle data delivery models: Chainlink Data Feeds (continuous push-based updates) and Chainlink Data Streams (on-demand pull-based access).

3. Initial supported assets include wstETH, GHO, LBTC, cbBTC, ezETH, and tBTC, with plans for further expansion.

4. The innovation addresses pricing challenges for illiquid or long-tail crypto assets, supporting broader DeFi adoption.

5. Developers can access Chainlink State Pricing data on demand, offering flexibility for decentralized finance strategies.