Chainlink’s Hybrid Oracle Solution for DeFi Derivatives

November 4, 2022, 9:50AM EDT

• 4 min read

Quick take

Rapid Insights provide a deeper analysis of the current crypto landscape in a timely fashion.
Chainlink is the leading oracle service provider in DeFi by a wide margin.
Purely on-chain oracles have a place in DeFi but aren’t always the optimal solution, particularly for latency-sensitive applications.
To fulfill this market need, Chainlink recently announced a new product offering with a hybrid infrastructure consisting of both on- and off-chain components.

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Source: https://www.theblockresearch.com/rapid-insights-chainlinks-hybrid-oracle-solution-for-defi-derivatives-182783?utm_source=rss&utm_medium=rss