@g0ld19
Smart contracts rely on data. Oracles bridge on‑chain logic to real world, delivering price feeds, event triggers, identity proofs. In DeFi, they power lending rates, collateralization, derivatives, making protocols responsive. Secure, decentralized oracles like Chainlink and Band reduce single‑point failures, but achieving truly trustless, low‑latency data is still a frontier. Understanding oracle dynamics is key to resilient DeFi.