Flash Liquidity Integrates Chainlink Data Streams and Automation

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Flash Liquidity, a DEX/aggregator introducing self-balancing pools, has integrated Chainlink Data Streams and Chainlink Automation on Arbitrum mainnet.

Chainlink announced via X on Tuesday that Flash Liquidity, a DEX/aggregator introducing self-balancing pools, has integrated Chainlink Data Streams and Chainlink Automation on Arbitrum mainnet.

By integrating the Chainlink Oracle solution, Flash Liquidity can now perform onchain rebalancing operations with sub-second price resolutions, without needing a centralized automation stack.

The initial integration involves using the following Chainlink Data Streams: ETH/USD and USDC/USD. The Flash Liquidity self-balancing pools use Chainlink Data Streams and Automation to monitor if the asset value ratios within the pool are unbalanced. If an imbalance is detected, the system calculates the size and direction of the required rebalancing trade and then selects the best external decentralized exchange as a counterparty to execute the order.

Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is down by 4% over the past 24 hours and is trading at $12.863 at press time.

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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.