defi ·
Chainlink adds weekend pricing for tokenized assets, Aave is launch partner
Chainlink has introduced weekend pricing functionality for tokenized assets.
Aave has been designated as the launch partner for this new capability.
This service mechanism employs perpetual futures quotes.
Its function is to refresh reference prices during periods when conventional markets are closed.
The utilization of perpetual futures quotes allows for price updates when traditional markets cease operation.
This development suggests an effort to maintain liquidity and price discovery mechanisms across extended trading periods for digital assets.
Market participants and institutions can now rely on Chainlink's infrastructure for price referencing even outside standard market hours.
