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YFX Integrates Chainlink Data Streams to Power Decentralized Perpetuals Exchange

Twitter icon  •  Published 1 year ago on May 10, 2024  •  Hassan Maishera

Chainlink announced via X on Thursday that YFX, a decentralized perpetual exchange, has integrated Chainlink Data Streams on Arbitrum mainnet.

YFX Integrates Chainlink Data Streams to Power Decentralized Perpetuals Exchange

Chainlink announced via X on Thursday that YFX, a decentralized perpetual exchange, has integrated Chainlink Data Streams on Arbitrum mainnet. By integrating this Oracle solution, YFX can now provide a high-performance DeFi user experience backed by credibly neutral Chainlink infrastructure.

YFX’s initial integration involves the use of the following Chainlink Data Streams: AVAX/USD, BNB/USD, BTC/USD, DOGE/USD, ETH/USD, LINK/USD, USDC/USD, and USDT/USD.

Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is up by 2% over the past 24 hours and is trading at $14.341 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.

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