Chainlink announced via X on Thursday that it has acquired Atlas, the order flow auction protocol built by FastLane. Thanks to this acquisition, Atlas now exclusively supports Chainlink SVR, with a streamlined migration path for existing Atlas users, including users migrating from the deprecated Atlas RedStone deployment.
Developed by FastLane, Atlas enables DeFi protocols such as Compound and Venus to recapture value by powering application-specific order flow auctions, such as for liquidations.
Atlas's production-proven order flow technology has now been integrated into Chainlink SVR, increasing revenue for the DeFi economy by expanding SVR to new blockchain ecosystems. Chainlink SVR is now live on Arbitrum, Base, BNB Chain, Ethereum, and HyperEVM, with additional chains expected to be added over time.
Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is down 1.97% over the past 24 hours and is trading at $12.30 at press time.
Hassan Maishera