Oracles are the unsung heroes of smart contracts and DeFi, bridging the gap between blockchain and the real world. They provide essential data that smart contracts rely on to execute automatically. Without oracles, smart contracts would be limited to on-chain data, severely constraining DeFi's potential. Stay tuned as we explore how oracles enhance security, scalability, and functionality in decentralized finance.

Oracles play a crucial role in connecting blockchain with real-world data for smart contracts to function effectively in DeFi. They are essential for ensuring security, scalability, and overall functionality of decentralized finance platforms. Without oracles, the potential of DeFi would be significantly limited.