According to official news, Chainlink discussed the demand for the Chainlink DeFi Yield Index (CDY Index) in its latest research report. According to reports, this is a new data product under development that uses the industry-standard Chainlink oracle to aggregate market-wide DeFi lending yields. The CDY Index is designed with a focus on accuracy, robustness and market representation to increase the discoverability of online lending opportunities and improve capital efficiency and liquidity.
The CDY Index will initially cover the largest and most liquid crypto markets including: USDC, USDT, WBTC, WETH.