May 10, 2021, 6:15AM EDT
• 19 min read

An Overview of Oracle Providers in DeFi

Quick Take

  • Oracles are key pieces of infrastructure in DeFi protocols today and vary greatly in terms of data production, network effects, and decentralization
  • These differences result in tradeoffs between oracle speed, accuracy, security, and modularity
  • Oracle solutions in the future will need to simultaneously secure assets worth billions of dollars and meet the growing demand for quick support of long-tail assets

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