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Frax Finance Integrates Chainlink Price Feeds

Twitter icon  •  Published 1 month ago  •  Hassan Maishera

Chainlink announced via X on Tuesday that Frax Finance has integrated Chainlink Price Feeds to enable reliable markets for Ethena Labs’ USDe/FRAX and sUSDe/FRAX pairs on Fraxlend.

Chainlink announced via X on Tuesday that Frax Finance has integrated Chainlink Price Feeds to enable reliable markets for Ethena Labs’ USDe/FRAX and sUSDe/FRAX pairs on Fraxlend.

Frax Finance added that it is working on more integrations with Chainlink and Ethena Labs as secure pricing data helps support growth and adoption in the DeFi ecosystem.

Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is up by 4.5% over the past 24 hours and is trading at $14.410 at press time.

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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.