Chainlink Data Streams Are Officially Live on Avalanche-web3.0-php.cn

Chainlink Data Streams Are Officially Live on Avalanche

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Jun 28, 2024 am 07:29 AM

The major integration has GMX as the launch partner that will help power Avalanche’s decentralized finance (DeFi) market.

Chainlink Data Streams Are Officially Live on Avalanche

Chainlink has announced the integration of Data Streams on Avalanche, kicking off a partnership with GMX, a leading on-chain perpetual and spot crypto exchange, to bolster the DeFi market on the network.

The integration will provide dApps in the Avalanche ecosystem with on-demand access to low-latency market data through the GMX V2 integration.

Chainlink Data Streams are designed to empower developers with the ability to create high-throughput DeFi products that offer a user experience comparable to centralized exchanges, while maintaining the benefits of on-chain execution speed and security.

Data Streams are backed by Chainlink’s decentralized and robust infrastructure, providing a high level of reliability and assurance.

According to Chainlink, several DeFi protocols have already integrated Data Streams, including PancakeSwap, ApolloX, Marquee, DRX Exchange, and YFX.

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