Rapid Insights: Chainlink’s Hybrid Oracle Solution for DeFi Derivatives

Quick take Rapid Insights provide a deeper analysis of the current crypto landscape in a timely fashion. Chainlink is the leading oracle service provider in DeFi by a wide margin.  Purely on-chain oracles have a place in DeFi but aren’t always the optimal solution, particularly for latency-sensitive applications.  To fulfill this market need, Chainlink recently announced a new product offering with a hybrid infrastructure consisting of both on- and off-chain components.