Chainlink has introduced a new 24/7 pricing service for real-world assets (RWAs), partnering with Aave for its launch. This service aims to provide continuous price feeds, even during off-hours, by drawing data from perpetual-futures venues. The move is expected to enhance the reliability and accessibility of RWA pricing in decentralized finance (DeFi).
Aave has announced that this new pricing service will soon be integrated into its stock-backed loan offerings. This development is part of a broader trend toward bringing traditional financial instruments on-chain, leveraging blockchain technology to improve transparency and efficiency.
The collaboration between Chainlink and Aave underscores the growing importance of accurate and timely pricing data in the DeFi ecosystem. By utilizing perpetual-futures venues for off-hours pricing, the service ensures that users have access to up-to-date information at all times, reducing the risk of price manipulation and improving market confidence.