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SphereX Joins Chainlink BUILD

Twitter icon  •  Published 1 month ago  •  Hassan Maishera

Chainlink announced via X on Thursday that SphereX, a Chain-Agnostic DEX, is officially joining the Chainlink BUILD program.

Chainlink announced via X on Thursday that SphereX, a Chain-Agnostic DEX, is officially joining the Chainlink BUILD program. As part of BUILD, SphereX aims to accelerate the growth and long-term adoption of its chain-agnostic decentralized exchange by leveraging enhanced access to Chainlink’s industry-leading oracle services and technical support.

In return, SphereX will make 4% of its total native token supply available to Chainlink service providers, including stakers. As part of BUILD, SphereX will receive key benefits, including access to and integration of the Chainlink Price Feeds to help secure perpetual markets. Additionally, SphereX is integrating Chainlink CCIP to power cross-chain transfers underpinned by defense-in-depth security.

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 $12.729 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.