DeFi

Chainlink

Avalanche

<a href="https://bitcoinworld.co.in/chainlink-avalanche-and-gmx-announced-the-launch-of-chainlink-data-streams-on-the-avalanche-blockchain/" title="Chainlink, Avalanche, And GMX Announced The Launch Of Chainlink Data Streams On The Avalanche Blockchain" rel="nofollow"></a>
<ul> 
 <li style="font-weight: 400">Chainlink, Avalanche, and GMX have announced the launch of <a href="https://docs.chain.link/data-streams">Chainlink Data Streams</a> on the Avalanche blockchain.</li> 
 <li style="font-weight: 400">Chainlink Data Streams provide low-latency, high-throughput market data to enhance DeFi on Avalanche.</li> 
 <li style="font-weight: 400">GMX V2 utilizes Chainlink Data Streams for improved speed and security in its decentralized exchange.</li> 
</ul> 
Chainlink, Avalanche, and GMX have announced the launch of Chainlink Data Streams on the Avalanche blockchain.&nbsp; 
This new integration, featuring the decentralized GMX as a launch partner, aims to enhance decentralized finance (DeFi) applications by providing low-latency, high-throughput market data. 
Chainlink Data Streams will support GMX’s decentralized perpetual exchange, promising a user experience on par with centralized exchanges due to its fast on-chain execution speeds and robust security. 
“We’re pleased to help power the next generation of high-throughput DeFi products on Avalanche through Chainlink Data Streams,” said Johann Eid, Chief Business Officer at Chainlink Labs.&nbsp; 
“By offering unmatched speed and resiliency, Data Streams enable DeFi protocols to provide ultra-fast, high-throughput DeFi products while maintaining the high-security guarantees of on-chain finance.” 
The integration allows decentralized applications (dApps) on Avalanche to access real-time market data continuously, enhancing their functionality and user experience.&nbsp; 
This development marks a significant step in expanding the capabilities of DeFi platforms on Avalanche, aiming to attract more developers and users to the ecosystem. 
“We’re excited to see Chainlink’s low-latency oracle solution on Avalanche,” said Lydia Chiu, Senior Vice President of Business Development at Ava Labs.&nbsp; 
“Chainlink Data Streams’ low-latency market data and automated execution enable Avalanche ecosystem projects to provide users with industry-leading performance facilitated by decentralized, credibly neutral Chainlink infrastructure.”

Chainlink, Avalanche, And GMX Announced The Launch Of Chainlink Data Streams On The Avalanche Blockchain

ItsBitcoinWorld

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