The post Monad To Integrate ChainLink Oracle Services appeared on BitcoinEthereumNews.com.

Monad, the Dragonfly and Paradigm backed EVM-compatible Layer-1 chain, has announced a major partnership with ChainLink. Since launching its public testnet on Feb 19, it has shake up the crypto world with the promising 10,000 transactions per second. Now, in an announcement on April 22, it has revealed integrating oracle network, Chainlik services from Day 1. This integration is part of Monad’s membership in the Chainlink Scale program, designed to accelerate growth for Layer-1 and Layer-2 networks by providing enhanced access to Chainlink’s Web3 services. This becomes important as the layer-1 blockchain eyes its mainnet launch soon. Last week, Monad also announced enabling Circle USDC transactions on its mainnet. What Integrating Chainlink Services Mean for Developers Monad will integrate Chainlink’s full suite of decentralized oracle services when its mainnet goes live. This means that developers will be able to access Chainlink Data Feeds, Data Streams, and the Cross-Chain Interoperability Protocol (CCIP). Chainlink’s Data Feeds will allow Monad developers to retrieve accurate and decentralized price feeds for assets. This will help developers in critical use cases of decentralized finance (DeFi) like lending platforms, automated market makers, and derivatives protocols. It will also integrate Chainlink’s Data Streams – a pull-based oracle solution. This will offer low-latency, cost-efficient data delivery that mitigates front-running and miner extractable value (MEV) risks. Meanwhile, CCIP will empower secure, programmable token transfers across blockchains. This will help in laying a foundation for genuinely interoperable decentralized applications. Chainlink’s oracles have underpinned over $20 trillion in on-chain transaction volume, even during periods of extreme volatility and flash loan exploits. The move also aligns with a broader industry trend of Layer-1 chains seeking to differentiate themselves through enterprise-grade oracle security and interoperability features. Thus, using Chainlink’s oracle, any application built on Monad will have immediate access to tamper-proof, real-time market data…

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Filed under: News - @ April 24, 2025 12:26 am