Chainlink launches State Pricing pricing mechanism to optimize the price accuracy of long tail assets and DEX trading tokens

BlockBeats news, on August 1st, according to official sources, Chainlink announced the launch of Chainlink State Pricing - a new pricing method optimized for long tail encrypted assets and tokenized assets traded on decentralized trading platforms (DEX). This method aims to provide optimized price accuracy, market elasticity, and liquidity assessment capabilities for assets with limited trading volume on centralized trading platforms (CEX) but significant liquidity on the chain. At present, Chainlink State Pricing has been launched on the mainnet, and users can obtain push oracle data through Chainlink Data Feeds or pull data services through Chainlink Data Streams. The first batch of assets that support this pricing mechanism includes wstETH, GHO, LBTC, cbBTC, ezETH, tBTC, etc. In the future, we will continue to expand our coverage to more assets, public chains, and DEX based on user needs.