Chainlink News: Expanding DeFi Opportunities with Solana and Lido
Chainlink Data Streams Now Available on Solana
Chainlink news reveals that the decentralized perpetual trading platform GMX-Solana has adopted Chainlink’s Data Streams as its official oracle solution for price data, funding rates, and liquidations. This strategic integration targets the high demands of high-frequency trading by leveraging Chainlink’s well-established infrastructure, ensuring improved accuracy, transparency, and market security.
Enhancing Cross-Chain Staking for Lido
In parallel, Chainlink’s Cross-Chain Interoperability Protocol (CCIP) significantly broadens access to staked Ethereum (ETH) on Layer-2 (L2) networks for Lido. This marks a substantial step in connecting various blockchain networks, promoting innovation in the DeFi space.
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