Definition ∞ A token price feed is a data stream that provides real-time or near real-time pricing information for a specific cryptocurrency to various applications and platforms. These feeds are essential for decentralized finance protocols, exchanges, and analytical tools that rely on accurate market data for their operations. The reliability and speed of these feeds are critical for preventing financial discrepancies and ensuring fair market execution. They are a fundamental data source.
Context ∞ Token price feeds are central to the functioning of the digital asset market, particularly for decentralized applications that depend on external data. Debates often address the centralization risks associated with oracle providers and the methods used to aggregate data from diverse sources to ensure accuracy. Future advancements aim to enhance the decentralization and resilience of these feeds, protecting against manipulation and single points of failure.
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