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KiloEx Upgrades to Chainlink Data Streams to Power Decentralized Perpetuals on opBNB

Twitter icon  •  Published 1 year ago on October 29, 2024  •  Hassan Maishera

Chainlink announced via X on Monday that KiloEx, a decentralized perpetual exchange, is upgrading to Chainlink Data Streams on the opBNB mainnet.

KiloEx Upgrades to Chainlink Data Streams to Power Decentralized Perpetuals on opBNB

Chainlink announced via X on Monday that KiloEx, a decentralized perpetual exchange, is upgrading to Chainlink Data Streams on the opBNB mainnet. Chainlink Data Streams deliver unmatched functionality with advanced features such as liquidity-weighted bid-ask spreads and sub-second execution speed.

KiloEx chose Chainlink Data Streams because it provides reliable low-latency pricing data with high accuracy to benchmark exchanges, bolstering user confidence and protocol performance. Furthermore, with Data Streams, protocols receive access to a growing array of data beyond a single data point. 

Chainlink Network (LINK) aims to provide tamper-proof data inputs and outputs for smart contracts on any blockchain. LINK is up 4.5% over the past 24 hours and is trading at $11.49 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.