APX Finance Integrates Chainlink Data Streams and Automation

• Published vor 11 Monaten •

Hassan Maishera

Chainlink announced via X on Friday that APX Finance, a decentralized exchange for crypto derivatives, has successfully integrated Chainlink Data Streams and Automation on Arbitrum Goerli testnet in preparation for a mainnet launch.

By integrating Chainlink’s low-latency Oracle solution, APX Finance aims to offer a CEX-like perpetual futures exchange experience on Arbitrum without compromising on decentralization, security, or conflicts of interest.

The APX Finance team said that Chainlink Data Streams supplies premium data using proven Chainlink infrastructure, which achieves unmatched performance and security even amidst unexpected events, such as exchange downtime, flash crashes, and data manipulation attacks via flash loans.

Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is down by 2% over the past 24 hours and is trading at $13.870 at press time.

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Author

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.