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Vela Exchange Upgrades to Chainlink Data Streams

Twitter icon  •  Published 6 months ago on June 21, 2024  •  Hassan Maishera

Chainlink announced via X on Thursday that Vela Exchange integrated Chainlink Data Streams, marking a significant enhancement to the accuracy, reliability, and security of their market data infrastructure.

Vela Exchange Upgrades to Chainlink Data Streams

Chainlink announced via X on Thursday that Vela Exchange integrated Chainlink Data Streams, marking a significant enhancement to the accuracy, reliability, and security of their market data infrastructure.

Vela Exchange said Chainlink Data Streams provide sub-second data delivery using battle-tested Oracle infrastructure, enabling a highly performant user experience. Thanks to this integration, three new assets — FTM, UNI, and AAVE — will be available for trading on the Vela Exchange.

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 $14.296 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.