How do smart contracts get prices from outside?
Prices are typically updated on-chain when deviations exceed a set threshold or after a certain time interval.
Chainlink aggregates quotes from multiple sources through multiple independent nodes, then writes them on-chain.
The most important thing to remember when managing funds: when choosing DeFi products, check which oracle they use. The more limited the price feed sources, the greater the risk.
$LINK 11.408（-2.13%）
Prices are typically updated on-chain when deviations exceed a set threshold or after a certain time interval.
Chainlink aggregates quotes from multiple sources through multiple independent nodes, then writes them on-chain.
The most important thing to remember when managing funds: when choosing DeFi products, check which oracle they use. The more limited the price feed sources, the greater the risk.
$LINK 11.408（-2.13%）