Price oracles, particularly those from Chainlink, are essential in decentralized finance (DeFi) for providing accurate market data, enabling smart contracts to perform critical functions such as valuing collateral and determining liquidation prices. While Chainlink Price Feeds have been the industry standard for benchmark pricing, there is a growing need for additional data points, especially related to asset liquidity conditions, to further advance the DeFi ecosystem. Liquidity indicators, which assess market depth and bid/ask spreads, are pivotal in managing risks such as market manipulation and insolvency. Chainlink is developing Liquidity Indicators to provide real-time, low-latency data that can help DeFi protocols dynamically adjust parameters like loan-to-value ratios and leverage caps, thereby optimizing capital efficiency and enhancing user experience. These indicators gather liquidity data from a broad range of orderbooks, offering a comprehensive view of market conditions and enabling DeFi platforms to better protect against abnormal liquidity events and enhance their functional robustness.