🧭Oracle Overview

Oracle Design in Echo Lending

Echo Lending relies on accurate and reliable price data to ensure the safety and stability of its lending markets.

In our design, we have chosen Chainlink & Pyth as our oracles.

  • Chainlink: The most widely adopted decentralized oracle network in DeFi, providing highly secure, aggregated price data. It serves as the core price source for Echo Lending.

  • Pyth: Specializes in high-frequency, low-latency updates, complementing Chainlink and strengthening the protocol under volatile market conditions.

With this “Chainlink-first + Pyth supplemental” approach, Echo Lending can:

  • Ensure accurate pricing for lending markets

  • Reduce risks from relying on a single oracle

  • Build a safer and more transparent foundation for the protocol

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