Chainlink Announces the Launch of the Chainlink DeFi Yield Index

According to BlockBeats, on January 31, Chainlink announced the launch of a new data product, the Chainlink DeFi Yield Index (CDY Index), which uses the Chainlink standard to aggregate DeFi lending rates across the market. The index uses 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.