Chainlink Addresses Challenges of Oracle Extractable Value (OEV)
Chainlink Addresses Challenges of Oracle Extractable Value (OEV)
Chainlink is actively working on solutions to manage the challenges of Oracle Extractable Value (OEV) in the blockchain and DeFi industry. The company has implemented various approaches, such as Fair Sequencing Services (FSS) and Protected Order-Flow (PROF), to mitigate the impact of OEV. Chainlink advises against connecting to unproven and untested third-party OEV designs due to concerns about decentralization, security, and transaction delays. The company emphasizes the importance of decentralized infrastructure and alignment of incentives to deliver reliable and secure data for dApps and users.
Chainlink is committed to helping the blockchain and DeFi industry manage the challenging and multilayered dynamics of onchain value extraction from oracle reports, now being called Oracle Extractable Value (OEV). Chainlink has been working on solving the complex problems around
Chainlink Launches Automated Compliance Engine (ACE) for Institutional Adoption
Chainlink has launched its Automated Compliance Engine (ACE), a comprehensive framework designed to facilitate institutional adoption of blockchain technology. The system features: - Cross-Chain Identity Framework for managing investor credentials - Token Compliance Extension for integrating compliance into any token - Customizable Policy Manager for enforcing compliance rules - Identity Manager for credential management without storing sensitive data onchain - Monitoring tools for real-time compliance tracking The platform launched in partnership with Apex Group, GLEIF, and ERC3643 Association. According to Sergey Nazarov, this infrastructure could enable tokenized assets to outperform traditional financial instruments in efficiency and cost. [Learn more about ACE](https://blog.chain.link/automated-compliance-engine-technical-overview/)
Chainlink Weekly Integration Report
Chainlink reports 12 new integrations across 11 blockchain networks this week, including Arbitrum, Base, BNB Chain, Ethereum, HashKey Chain, HyperEVM, Optimism, Plume, Solana, Soneium, and WEMIX3.0. Notable integrations include: - Astar Network - Briky Capital - Euler Finance - HashKey Chain - HyperLend - OlympusDAO - Plume Network - Swapper Finance - SynFutures - Wemix Network These integrations continue to expand Chainlink's cross-chain infrastructure and oracle services across the blockchain ecosystem.
SynFutures Adopts Chainlink Data Standard on Base
SynFutures, a decentralized perpetual exchange, has integrated Chainlink's data infrastructure on the Base network. The platform, which handles over $67B in quarterly trading volume, now uses Chainlink Price Feeds to secure various markets including: - BTC - DEGEN - weETH - wstETH - XAU (Gold) The integration provides tamper-proof market data, enhancing security and reliability for traders. This marks significant growth from their earlier $20B trading volume milestone on Base.
Final Countdown: Chromion Hackathon Submission Requirements
The Chromion Hackathon submission deadline is approaching on June 29 at 11:59PM ET. Required submission components: - Publicly accessible source code - Clear project description with architecture details - 3-5 minute public demo video - README file with Chainlink integration links All submissions must include complete documentation and be publicly viewable. Ensure all components are ready before the final deadline.
Aave DAO Approves Phase 3 of Chainlink SVR Integration
The Aave DAO has unanimously approved Phase 3 of Chainlink SVR integration, expanding coverage to ~75% of Aave's total Ethereum TVS. Key updates: - SVR now covers all ETH-correlated assets and USDC - Represents ~95% of Aave's OEV-relevant TVS - Zero bad-debt accrual since launch - Successful liquidation of at-risk positions Remaining assets pending future vote due to unique mechanics. This expansion aims to eventually cover all Aave markets on Ethereum. [View proposal details](https://vote.onaave.com/proposal/?proposalId=330)