Hassan Maishera
On Tuesday, Chainlink announced via X that the Chainlink standard is now live on Bonzo Finance, the largest lending protocol on the Hedera blockchain. The Chainlink standard for verifiable data is now live, starting with Price Feeds for HBAR and USDC.
By integrating Chainlink Price Feeds, Bonzo Finance enhances its security and reliability while strengthening its position as Hedera's Liquidity Layer and helping support the rapid expansion of DeFi on the network. Bonzo Finance is based on open-source Aave v2. It offers lending, borrowing, and advanced DeFi strategies supporting HBAR, HBARX, USDC, and additional ecosystem assets such as SAUCE, PACK, and KARATE.
The Bonzo Finance protocol’s initial Price Feeds integration includes HBAR/USD and USDC/USD, with plans to integrate HBARX/HBAR soon.
Chainlink Network (LINK) aims to provide tamper-proof data inputs and outputs for smart contracts on any blockchain. LINK is up 1% over the past 24 hours, trading at $15.32.
Hedera Hashgraph is a distributed public ledger infrastructure. According to the team, it offers significant improvements over existing blockchains in five areas: performance, security, governance, stability, and regulatory compliance. HBAR is trading at $0.19607 at press time, up 1% over the last 24 hours.
