Rapid Insights: Chainlink’s Hybrid Oracle Solution for DeFi Derivatives
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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Author: Afif Bandak
