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Dolomite Adopts Chainlink Price Feeds

Twitter icon  •  Published 4 months ago on February 3, 2025  •  Hassan Maishera

On Friday, Chainlink announced via X that Dolomite has adopted Chainlink Price Feeds to upgrade the security of its lending markets for GLV [BTC-USD] & GLV [ETH-USD]—receipt tokens representing holdings in GMX Liquidity Vaults.

Dolomite Adopts Chainlink Price Feeds

On Friday, Chainlink announced via X that Dolomite has adopted Chainlink Price Feeds to upgrade the security of its lending markets for GLV [BTC-USD] & GLV [ETH-USD]—receipt tokens representing holdings in GMX Liquidity Vaults.

Price Feeds provide increased reliability & uptime for Dolomite, helping ensure that GMX's advanced GLV tokens are accurately priced using a multitude of different data inputs.

Chainlink Network (LINK) aims to provide tamper-proof data inputs and outputs for smart contracts on any blockchain. LINK is down 21% over the past 24 hours, trading at $17.99.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.

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