Chainlink announced via X on Wednesday that Linear is integrating Chainlink CCIP across the BNB Chain and Ethereum mainnets. Linear will be leveraging CCIP’s arbitrary messaging functionality to build cross-chain transfers of LINA, enabling users to stake LINA from multiple chains.
Linear added that they selected CCIP as our preferred interoperability solution because Chainlink has the most proven track record of maintaining the highest standard of security and reliability in the Web3 industry. Linear Finance is a cross-chain compatible, delta-one asset protocol that enables users to trade liquid assets quickly, seamlessly, and cost-effectively.
Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is down by 1% over the past 24 hours and is trading at $17.871 at press time.
Linear is a cross-chain compatible, decentralized synthetic asset protocol, which allows users to create, trade, and manage synthetic assets (Liquids). Its native LINA token is down by 3% in the last 24 hours and is now trading at $0.012969.