CoinGecko and Band Protocol (BAND) Partner to Establish Better Price Feeds

CoinGecko and Band Protocol (BAND) Partner to Establish Better Price Feeds

By Abhimanyu Krishnan | News | 8 Jan 2021


Market data aggregator CoinGecko and Band Protocol (BAND) have partnered to provide more accurate and reliable price feeds to users, according to a blog post published on Jan. 7.

  • CoinGecko will use Band Protocol’s Band Standard Dataset to provide better price feeds for 6,000 assets across 400 exchanges
  • The Band Standard Dataset is a frequently updated set of customizable price feeds that can be readily integrated with DeFi protocols
  • The post also reveals that CoinGecko will play an important role in the testing of BandChain Phase 2, which aims to help enterprise data providers monetize their solutions
  • The Band Standard Dataset is used in a wide range of protocols, including Ethereum, Binance Smart Chain, ICON and Waves, via DeFi projects that have integrated it
  • Band Protocol is an oracle provider, an alternative to Chainlink (LINK), and has secured multiple partnerships to increase its presence on the market
  • The project had also partnered with CoinMarketCap to launch and educational program, and Acala, to release an open oracle gateway to facilitate diverse price feed interaction

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Abhimanyu Krishnan
Abhimanyu Krishnan

Technophile, cryptocurrency enthusiast and journalist.


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