Protocol Data Feed

Feed

A protocol data feed is a continuous stream of structured information delivered to a blockchain protocol or smart contract, often originating from external, off-chain sources. These feeds provide critical real-world data, such as asset prices, event outcomes, or market statistics, necessary for the execution of decentralized applications and derivatives contracts. Reliable feeds are fundamental for the integrity and functionality of decentralized finance. They act as bridges between the physical and digital realms.