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Author Topic: ChainLink Price Oracles Dominate DeFi Data-Feeds Amid KyberSwap Integration  (Read 2274 times)

Offline Nikko

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ChainLink Price Oracles Dominate DeFi Data-Feeds Amid KyberSwap Integration



Chainlink’s price oracles are quickly emerging as the industry-standard data source for the DeFi sector, with top project Kyber Network integrating the price feeds for its token swaps.
Chainlink’s price oracles are continuing to see widespread adoption among decentralized finance, or DeFI, protocols, with Kyber Network (KNC) integrating the price feeds on its KyberSwap token swap service on June 12.

KyberSwap is at least the third DeFi platform to integrate Chainlink’s price data this month, signposting Chainlink’s increasing dominance over the niche market.

Price references displayed for token swaps on the platform now derive from both Kyber Network’s native feeds and Chainlinks oracles.

Readmore: https://cointelegraph.com/news/chainlink-price-oracles-dominate-defi-data-feeds-amid-kyberswap-integration

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Offline Leonardo

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As far as I can observe, ChainLink is always in top 3 or 5 volume on Binance in the last few months so I don't feel surprise to see this news. Price-wise, LINK has been in consolidation phase between 42k-43k satoshis for a few days. Expect a surge in the days to come.

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