# Price Oracle

Similar to Aave and Compound, Paddle relies heavily on oracle price feeding to provide the real-time price reference for underlying assets. These prices are related to collateral value, borrowing amount, and when to trigger liquidations.

### **bitsCrunch and Chainlink's NFT Price Oracle** <a href="#more-on-chainlinks-nft-price-oracle" id="more-on-chainlinks-nft-price-oracle"></a>

Paddle has integrated both Chainlink and bitsCrunch to enhance the accuracy and security of NFT pricing within our loan markets. As a trusted provider of decentralized oracles, Chainlink has secured over $6.7 trillion in transaction value for leading DeFi protocols and plays a crucial role in bringing reliable price feeds to the NFT-Fi sector. In parallel, bitsCrunch offers a suite of AI-powered on-chain analytics that strengthen price discovery and asset validation—especially within emerging ecosystems like Berachain.

By combining the strengths of these two providers, Paddle is able to access high-quality, tamper-proof NFT price data, enabling more precise collateral calculations. This integration ensures fairer loan terms, better risk control, and stronger protection of user interests in an increasingly complex NFT lending environment.

<figure><img src="/files/2aYtmmKipI8dC1CSqrX5" alt=""><figcaption></figcaption></figure>

**About Chainlink**

Chainlink is the industry-standard Web3 services platform that has enabled trillions of dollars in transaction volume across DeFi, insurance, gaming, NFTs, and other major industries. As the leading decentralized oracle network, Chainlink enables developers to build feature-rich Web3 applications with seamless access to real-world data and off-chain computation across any blockchain and provides global enterprises with a universal gateway to all blockchains.

**About bitCrunch**

bitsCrunch is a leading global data analytics company specialising in multi-chain insights for NFTs and digital assets. We are pioneering crypto data forensics to allow retail, institutional and venture investors to make better decisions in crypto assets.


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