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Chainlink Data Feeds are the quickest way to connect your smart contracts to the real-world market prices of assets. For example, one use for data feeds is to enable smart contracts to retrieve the latest pricing data of an asset in a single call.

Types of data feeds

1.Price Feeds

2.Proof of Reserve Feeds

3.L2 sequencer uptime feeds

Price Feeds

Using Price Feeds

Data Feeds Contract Addresses

Getting a different price denomination

Chainlink Data Feeds can be used in combination to derive denominated price pairs in other currencies. If you require a denomination other than what is provided, you can use two data feeds to derive the pair that you need. For example, if you needed a BTC/EUR price, cu ould take the BTC/USD feed and the EUR/USD feed and derive BTC/EUR using division.

(BTC/USD) / (EUR/USD) = BTC/EUR

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