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Oracles bridge the gap between smart contracts and the real world, feeding them critical data to execute functions. In DeFi, they ensure transparency and accuracy, crucial for lending, borrowing, and trading protocols. Without oracles, smart contracts are blind, making them unreliable for real-world applications. Dive into the tech that makes DeFi tick!

Oracles are essential for DeFi to function accurately, providing real-world data to smart contracts. Without them, reliability is compromised.