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MYX Finance integrates Chainlink data standard to power next-gen perps markets

crypto.news

7 hour ago

MYX Finance integrates Chainlink data standard to power next-gen perps markets

MYX Finance has integrated Chainlink’s> Summary The integration of Chainlink’s Data Streams and DataLink enables sub-second price latency and verifiable market data across all EVM-compatible chains. Chainlink continues expanding as the leading oracle provider. The network now supports over 2,500 projects, spanning DeFi protocols, enterprise applications, and tokenized asset platforms. MYX Finance, a decentralized infrastructure provider for perpetual markets, is building an open, permissionless trading ecosystem and has announced today that it’s integrating Chainlink’s>LINK) integration is designed to deliver sub-second price feed latency, institutional-level data accuracy with liquidity-weighted bid‐ask spreads, and battle-tested oracle infrastructure. For traders, this means faster and more reliable execution with market data that reflects real-time conditions, reducing slippage and improving trading precision. For liquidity providers, it ensures that risk and reward are governed by verifiable data. You might also like: Stablecoin popularity grows—but the fees are still painful Chainlink expands its footprint as the data backbone of DeFi Chainlink continues to stand out as the leading oracle provider in DeFi and beyond. The MYX Finance integration marks yet another addition to Chainlink’s rapidly expanding ecosystem of data feed adopters. According to Chainlink, the network now supports over 2,500 projects, spanning DeFi protocols, enterprise applications, and tokenized asset platforms. Chainlink’s infrastructure is increasingly serving as a bridge between TradFi and blockchain technology, enabling trusted data flows for government systems, stablecoin risk assessments, and capital market operations. Most recently, Chainlink announced a partnership with S&P Global Ratings to bring stablecoin stability metrics on-chain, alongside a series of new integrations spanning eleven blockchains. You might also like: Impending ‘jobpocalypse’ elevates case for on-chain credentials | Opinion

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