OKCoin launches DeFi price oracle machine OKCoin Oracle

Cryptocurrency exchange OKCoin announced the launch of the DeFi price oracle machine OKCoin Oracle, which provides price data from the trading platform. OKCoin Oracle allows anyone to access its API port, the price is signed by OKCoin, and the private key is protected by a verified infrastructure. The goal is to provide a reliable source of price information for the DeFi ecosystem and help eliminate or reduce current oracle loopholes. OKCoin Oracle has supported the on-chain pricing of the loan agreement Compound.