Chainlink Introduces New DeFi Yield Index

According to BlockBeats, on January 31, Chainlink announced the launch of a new data product called the Chainlink DeFi Yield Index (CDY Index). This index aggregates lending rates across the entire DeFi market using Chainlink standards. It 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 representativeness.