Aave Horizon taps perpetual futures to price stock collateral on weekends, Chainlink says
Photo: CryptoSlate
Chainlink says Aave's institutional lending platform Horizon is using its new weekend pricing service, giving tokenized stock collateral a reference that keeps moving while traditional exchanges are closed. The service was announced Oct. 29 and starts with high-volume U.S. equities, according to Chainlink's announcement . The off-hours price comes from derivatives markets. During regular, extended and overnight sessions, Chainlink 24/7 uses its existing weekday data. When the underlying market closes, it draws quotes from multiple perpetual-futures venues, where derivatives linked to the asset continue trading. That reference reflects those markets' prices, rather than transactions on a closed stock exchange.
Source: CryptoSlate
