Why Is Low Latency Important for a DeFi Price Data Feed?
Low latency means the data is delivered with minimal delay. In DeFi, especially for trading and lending protocols, fast updates are crucial because cryptocurrency prices are highly volatile.
High latency can lead to 'front-running' attacks, inaccurate liquidations, or users trading on stale prices, which results in significant financial losses. Low latency ensures the smart contract's actions are based on the most current market reality.