Price Feeds with Pyth
Last updated
Last updated
Price feeds for EnsoFi are provided byPyth Network.
In decentralized finance (DeFi), nothing is as vital as accurate price feeds. Especially in lending markets, these feeds provide timely market data that is essential for various operations, including borrowing and liquidations.
They are the bedrock of financial stability within the platform. Without reliable price feeds, DeFi protocols would struggle to gauge asset values accurately, putting the ecosystem at risk of financial instability and potential losses.