In the blockchain ecosystem, oracles are often understood simply as price feeding tools. But this view is too superficial. Their true role is to reliably bring key real-world data onto the chain, serving as an information bridge between two worlds.

As financial protocols become more complex, the quality of data relied upon by smart contracts directly impacts the risk control of the entire system. Imagine: if liquidation prices are inaccurate, abnormal market conditions cannot be identified in time, and data sources are not redundant, then even the most clever protocol design can easily fail. The stability of the data layer determines whether liquidations are orderly and whether user experience is predictable.

When asset types increase, market volatility intensifies, and multiple applications interconnect, the data layer faces systemic pressure. Whether the sources are sufficiently diverse, whether the update speed keeps up, and whether risk detection mechanisms are完善—these factors directly relate to whether protocols can innovate with confidence and whether funds are willing to stay long-term in this ecosystem.

By strengthening the data layer, a "trust premium" can be formed. The more reliable the foundation, the more it can attract high-quality applications and long-term capital. The true test of an ecosystem's infrastructure is not during stable periods, but when extreme market conditions occur. That is the critical moment to see the underlying strength of a project.