Chainlink Announces the Launch of the Chainlink DeFi Yield Index

Chainlink has announced the launch of a new data product, the Chainlink DeFi Yield Index (CDY Index), which uses Chainlink standards to aggregate DeFi lending rates across the entire market. The index leverages Space and Time's blockchain indexer and database technology to prepare real-time on-chain activity data for the calculation process, focusing on accuracy, robustness, and market representation.

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