PANews reported on January 30 that according to official news, Chainlink officially released the DeFi Yield Index (CDY Index), which is used to aggregate DeFi lending rates across the market. The index uses Chainlink standards and combines Space and Time's blockchain index and database technology to ensure data accuracy, robustness, and market representativeness, providing support for the discovery of on-chain lending opportunities and the improvement of capital efficiency.
According to reports, CDY Index focuses on the most liquid markets such as USDC, USDT, WBTC and WETH, aiming to help traditional financial institutions, DeFi protocols and ordinary users obtain on-chain revenue information more transparently and efficiently, and improve market liquidity and investment feasibility.