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

2024년 6월 28일에 게재된 다른 기사

Bitget to Launch Social Campaign in Vietnam to Warn About Crypto Scams and Risks

ApeCoin Slumps, Aptos Falters: Is BlockDAG Poised to Lead Crypto Growth After Raising $54M in Pre...

SHIB and PEPE Whales Ramp Up Selling Amid Bitcoin-Driven Crypto Correction — Nearly $8 Million Wo...

CoinStats Suffers $2 Million Loss in Crypto Hack, CEO Points to Social Engineering Tactics

MBAG Aces the Market with Best Presale in 2024, Raising $3M+ While EOS, Brett Struggle

Alien Worlds Invites Players to a Lively Virtual Universe

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!