
Jakarta, Pintu News – Chainlink recently unveiled a new method of calculating the price of crypto tokens that are more widely traded on decentralized exchanges (DEXs) compared to large centralized exchanges such as Binance or Coinbase.
This method is known as Chainlink State Pricing, which is designed to provide more accurate and reliable pricing data for actively traded assets on the DEX.
Check out the full information below!
Chainlink introduces State Pricing as a solution for tokens that have low trading volume on centralized exchanges but are active on the blockchain. This method is particularly useful for decentralized finance applications that require accurate and reliable pricing data.
With State Pricing, Chainlink seeks to address the problem of pricing inaccuracies that often occur on tokens with high trading activity on the DEX. State Pricing uses on-chain data to generate prices that reflect actual market conditions.
This differs from traditional methods that often rely on data from centralized exchanges, which may not fully reflect the market dynamics of a particular token. With this approach, Chainlink hopes to provide a more robust solution for the DeFi ecosystem.
Also read: President Trump Raises Fantastic Campaign Funds from Crypto Donors, Here Are the Details!
At launch, State Pricing supports several tokens such as wstETH, GHO, LBTC, cbBTC, ezETH, and tBTC. Chainlink plans to add more tokens, blockchains, and DEXs in the future depending on market demand. Major DeFi protocols such as Aave, Lido, GMX, and Curve have already started using or supporting this new pricing system.
The support from major DeFi protocols demonstrates the high confidence in Chainlink’s State Pricing. It also signals the potential for wider adoption in the future, as the need for more accurate and transparent pricing data in the DeFi ecosystem grows.
The presence of State Pricing is expected to improve reliability and security in decentralized financial operations.
Read also: Price of 1 Pi Network (PI) in Indonesia Today (4/8/25)
Chainlink does not only rely on State Pricing, but also has other methods such as volume-weighted average price (VWAP) and liquidity-weighted bid/ask (LWBA). VWAP calculates the average price based on trading volume, while LWBA considers liquidity at the bid and ask level.
Both methods have been widely used in pricing assets in financial markets. By adding State Pricing to its portfolio, Chainlink gives DeFi developers and users more options to choose the pricing model that best suits their needs.
This demonstrates Chainlink’s commitment to providing flexible and reliable solutions to support the growth and security of the DeFi ecosystem.
The arrival of State Pricing by Chainlink marks an important step in the evolution of crypto asset pricing, specifically those traded on DEXs. With a more innovative and adaptive approach, Chainlink seeks to meet the evolving needs of the DeFi market. This not only increases transparency and fairness in pricing, but also helps strengthen trust and security in DeFi transactions.
That’s the latest information about crypto. Follow us on Google News to get the latest information about the world of crypto and blockchain technology. Check today‘ s bitcoin price, today‘ s solana price, pepe coin and other crypto asset prices through Pintu Market.
Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now. Also, get a web trading experience with various advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro.
*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
Reference