Hassan Maishera
On Wednesday, the Chainlink team announced via X that Euler Labs has adopted Chainlink Price Feeds to power EulerSwap on Ethereum, its new capital-efficient swapping engine.
EulerSwap uniquely combines lending and swapping, enabling users to earn yield, facilitate trades, and use assets as collateral. By adopting Chainlink, EulerSwap can secure its DEX vault's liquidity and leverage secure market data to support its dynamic AMM strategies, collateralization, and other features.
Chainlink Network (LINK) aims to provide tamper-proof data inputs and outputs for smart contracts on any blockchain. LINK is down 4% over the past 24 hours, trading at $14.62 at press time.
