Chainlink

Migrating to Chainlink Automation 2.0 provides access to more performant, reliable, and gas-efficient upkeeps. The migration process is simple and can be done with just a few clicks.

Decentralized Oracle Networks provided by Chainlink have applications outside of DeFi. They play a crucial role in scenarios requiring off-chain verification of data, computation, or connectivity to address security and trust concerns.

@swellnetworkio has joined Chainlink BUILD to enhance its access to Chainlink's oracle services and technical support for the security of liquid staking. Swell will offer a percentage of its token supply to Chainlink service providers and aims to support a decentralized liquid staking ecosystem. As part of the partnership, Swell will benefit from Chainlink's Cross-Chain Interoperability Protocol, Proof of Reserve, Automation, Price Feeds, offchain data functions, and access to new Chainlink product releases.

Chainlink provides the necessary tools for tokenized assets to gain liquidity by enabling cross-chain interoperability, verifying offchain reserves, providing mark-to-market valuations, and offering identity verification. Traditional financial institutions require data, compute, and cross-chain capabilities to adopt blockchain and tokenized assets, with Chainlink being the sole platform offering these features. The industry emphasizes the importance of cross-chain solutions, communication between traditional financial markets and blockchains, and the need for information networks and data sources to validate tokenized assets. Major financial institutions are already embracing tokenization, with collaborations involving Chainlink and other industry leaders in progress.

Onchain markets on AVAX and Scroll_ZKP are utilizing Chainlink Price Feeds, with AVAX integrating the BAT/USD Price Feed and Scroll_ZKP integrating the DAI/USD Price Feed. This integration aims to build secure DeFi markets around Attention Token and MakerDAO's USD-pegged stablecoin, respectively.

In the latest Chainlink Adoption Update, there were 7 integrations of 4 Chainlink services across 7 different chains including Arbitrum, Avalanche, Base, BNBCHAIN, Ethereum, Optimism, and Polygon. New integrations were announced with Dypius, Eigenpiexyz_io, Origin Protocol, Paxos, UKISSTech, UmamiDao, and Volleytoken joining the Chainlink ecosystem.

SubstanceX has joined Chainlink BUILD to access industry-leading oracle services and technical support for decentralized perpetuals. They will provide 3.5% of their token supply to Chainlink service providers. SubstanceX aims to offer a superior decentralized perpetuals exchange and improved liquidity across different chains. As part of BUILD, they will utilize Chainlink Data Streams and CCIP for perpetuals trading and cross-chain liquidity.

.@OriginProtocol has chosen to integrate #Chainlink CCIP as its exclusive solution to enable cross-chain transactions involving Origin Ether (OETH) with maximum security.

In an interview with CNBC, Goldman Sachs Global Head of Digital Assets, Mathew McDermott, highlights the growing interest in digital assets and the transformative power of blockchain technology. McDermott notes the significant efficiencies enabled by tokenization and emphasizes that organizations now have a clear path to commercialize. He also mentions the increasing number of institutions seeking active involvement in this space. Watch the full interview for more insights.

The Chainlink Data page now features real-time price visualization, enhancing the next-generation speed and security of the Chainlink network.