Price Discovery

Throughout the Bend Protocol, we require reliable, up to date, and secure price feeds for reserves. Our proxy price provider contract provides this capability and works by:
First checking for a price from a Chainlink aggregator.
If the price is below or equal to zero, we call our fallback price oracle.​The fallback price oracle is currently maintained by the Bend team.
In the future, Bend governance mechanisms will manage the selection of sources and the fallback price oracle.
Last modified 1yr ago