Introducing LlamaGuard NAV Powered by Chainlink—a dynamic risk-adjusted oracle solution purpose-built for pricing tokenized real-world assets (RWAs), built in collaboration between Chainlink, @LlamaRisk, and @aave. Built on Chainlink’s proven decentralized oracle network infrastructure and backed by LlamaRisk’s risk management expertise, LlamaGuard NAV enhances the robustness of delivering Net Asset Value (NAV) data onchain by incorporating smart dynamic price bounds. The initial implementation of LlamaGuard NAV is live and integrated with Aave Horizon—the largest RWA lending market in DeFi where institutions or other qualified users borrow stablecoins against RWAs. The next major upgrade to LlamaGuard NAV will leverage the Chainlink Runtime Environment (CRE) for enhanced modularity and extensibility. With the market for tokenized RWAs now totaling over $30B and expected to grow rapidly in the years to come, the need for mission-critical infrastructure to safely price and manage the risk around RWA markets is ever increasing. By combining the proven reliability and neutrality of Chainlink infrastructure for onchain data delivery with LlamaRisk’s deep expertise on protocol risk management, LlamaGuard NAV provides Aave with a robust, automated risk management solution based on macroeconomic data that can safely scale the adoption of tokenized assets across DeFi.