Band Protocol integrates push-based oracles on Sonic Labs, enhancing real-time data reliability for dApps like DeFi and AMMs.
Push-based oracles suit continuous updates, while pull-based oracles serve intermittent needs in prediction markets and gaming dApps.
Sonic Labs has made a major advancement by integrating Band Protocol’s push-based oracle into its testnet. This marks the first time the network has deployed such an oracle, enhancing the reliability and accuracy of data provided to decentralized applications (dApps). These include Cross-Chain Routers, DeFi platforms, Automated Market Makers (AMMs), and Lending Protocols.
With intentions to expand support for other assets as demand continues to rise, the integration guarantees these dApps receive continual, real-time pricing feeds for key assets including DAI, ETH, FTM, USDC, USDT, and WBTC.
6/ Push-Based vs. Pull-Based Oracles:
Push-based oracles are ideal for applications requiring constant updates, such as DeFi and AMMs. In
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