Hassan Maishera
Chainlink announced via X on Wednesday that the Chainlink Data Streams is now live on Taiko as its official oracle infrastructure to supercharge its DeFi ecosystem. Taiko Alethia is a based rollup, where Ethereum L1 validators handle sequencing to ensure decentralization & censorship-resistance.
By bringing tamper-proof market data to Taiko’s based rollup architecture, developers can build advanced DeFi applications such as lending protocols, derivatives platforms, and other decentralized applications. The integration will also enable macroeconomic data from the US Department of Commerce to be posted on Taiko through Chainlink’s infrastructure.
Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is up 3.3% over the past 24 hours and is trading at $24.13 at press time.
