Chainlink

Chainlink Data Streams are now live on GMX and PancakeSwap, with leading Arbitrum projects such as Gains Network, Ostium Labs, Vertex Protocol, Mux Protocol, and APX Finance to integrate soon. This comes after PancakeSwap integrated Chainlink Data Streams and Automation on Arbitrum for its prediction markets. PancakeSwap chose Chainlink Data Streams for its sub-second price resolution, frontrunning protection, decentralized onchain execution, and time-tested infrastructure to ensure an ultra-fast, high-integrity prediction market.

The Chainlink Foundry toolkit has been upgraded, allowing developers to interact with VRF, Automation, and Functions within their Foundry project. This upgrade enables developers to build faster and more efficiently.

MUWPAY is joining Chainlink BUILD to gain enhanced access to Chainlink's oracle services and technical support. In return, MUWPAY will make 3.5% of its total native token supply available to Chainlink service providers. MUWPAY provides a user-friendly and automated solution for value transfers within multi-chain DeFi markets. As part of BUILD, MUWPAY will receive priority access to Chainlink's decentralized computing services and new product releases.

The Chainlink Hardhat plugin now includes a Chainlink Functions service, allowing developers to create and fund subscriptions, get subscription details, request owner transfer, add and remove consumers, estimate costs, and more.

This research report highlights the need for a Chainlink DeFi Yield Index (CDY Index) that utilizes Chainlink oracles to aggregate market-wide DeFi lending yield rates.

Decubate and Chainlink have formed a channel partnership to support Chainlink BUILD members. The partnership will provide BUILD members with access to Decubate's launchpad, incubation and advisory services, vesting and staking portals, and more.

Protocol Labs and Chainlink Labs have partnered to form a strategic alliance. The alliance aims to provide developers in Chainlink's BUILD program with access to developer tools, services, and support, including decentralized storage credits and engineering support.

This week, there were 8 new integrations of 5 Chainlink services across 6 different chains, including Arbitrum, Avalanche, Base, BNBCHAIN, Ethereum, and Polygon. The new integrations include Arbitrum, Base, Courtyard NFT, Fearless Wallet, Morpho Labs, Omni Hub, and PancakeSwap.

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.

Micro3io has joined Chainlink BUILD to gain access to Chainlink's oracle services and support for cross-chain NFTs. They will make 3% of their token supply available to Chainlink service providers. Micro3io offers a decentralized NFT platform, SocialFi, a gaming platform, and more. As part of BUILD, they will receive benefits such as access to Chainlink CCIP and VRF, and early access to Chainlink product releases.