Price Oracle

Price oracles are critical in DeFi because they provide smart contracts with accurate, real-time asset valuations, enabling essential functions like lending, borrowing, and trading. Without reliable price data, DeFi protocols would be vulnerable to manipulation and errors, potentially leading to significant financial losses and undermining the entire ecosystem's stability and trustworthiness.

Evoq uses the same price oracle as the underlying lending protocols. Any price changes in the underlying lending protocol are instantly mirrored by Evoq.