Aave adopts Chainlink 24/7 for tokenized US stock collateral
Photo: crypto.news
Aave has adopted Chainlink’s 24/7 price feeds for its Horizon lending platform, bringing weekend and holiday valuations to tokenized collateral, starting with heavily traded U.S. equities. Aave Horizon is using Chainlink’s 24/7 feeds to value tokenized real-world assets pledged as collateral. Weekend prices draw on perpetual futures venues while the underlying traditional stock exchanges remain closed. Institutional borrowers must meet issuer requirements before using tokenized assets to access Horizon’s stablecoin liquidity. Horizon’s existing documentation describes price safeguards designed to prevent faulty valuations from triggering liquidations. Chainlink identified Aave as its official launch partner in posts published on Nov.
Source: crypto.news
