Chainlink Data Streams Enable Secure AAPL, NVDA, TSLA & MSTR Trading on Flex Exchange

• The Chainlink Information Streams has been built-in on the Flex perpetual platform to energy the buying and selling of tokenized US equities market.
• Information Streams was lately unveiled to offer real-time streams for main US shares and ETFs.

Subsequent-generation decentralized perpetual protocol with cross margins, Flex Perpetual, has develop into the most recent to combine Chainlink’s Information Streams for Actual World Property (RWAs). In response to the information shared on X, Chainlink would considerably improve the consumer expertise of Flex by guaranteeing that low-latency and extremely correct pricing information are delivered.

That may not be all. Flex would leverage the Information Streams’ skill to energy its tokenized equities markets or the likes of AAPL, MSTR, NVDA, and TSLA. In Chainlink’s announcement, this jaw-dropping partnership was mentioned to bridge the hole between conventional and decentralized finance.

Information Streams’ sub-second market information for RWAs powers opening and shutting positions, funding charge calculations, and liquidation logic on Flex. Flex is among the many first perpetual exchanges to combine Chainlink Information Streams for real-world belongings.

In response to Flex, buying and selling these extremely secured tokenized equities can be topic to as much as 5x leverage with cross-margin help. Moreover, no Know-Your-Buyer (KYC) verification can be required to commerce on the platform.

In the meantime, Flex isn’t the one market to combine Information Streams. As detailed in our earlier story, Jupiter has additionally integrated it into their perpetual markets.

Extra About Chainlink’s Information Streams

For context, the Chainlink’s Information Streams resolution was expanded on August 4 to offer real-time streams for main US shares and ETFs, as famous in our earlier publish. Experiences recommend that its crypto information contains volumes, Open-Excessive-Low-Shut. (OHLC) values, and a few vital metadata. It is usually designed to combination information from totally different sources for an enhanced uptime and reliability.

In response to the official Chainlink announcement, Information Streams is now reside on 37 totally different blockchain networks. Its introduction has been lauded by a number of key business figures, together with the co-founder of Kamino, Thomas Quick. In his submission, Quick highlighted that Chainlink’s Information Streams creates a seamless consumer expertise with out compromising safety and belief.

Additionally, he believes that bringing tokenized US Fairness on-chain calls for high-frequency and dependable information. Fascinatingly, Information Streams ticks all of the packing containers. Already, Kamino and GMX have collaborated to unlock completely new buying and selling alternatives as indicated in our earlier publication.

Commenting on this, Chief Enterprise Officer at Chainlink Labs Johann Eid highlighted that this initiative is a large leap ahead for tokenized markets. Jone Zee at GMX Communications additionally believes that Information Streams allow the creation of perpetual markets on an unlimited vary of high-quality belongings.

Chainlink Information Streams for equities and ETFs mark a serious milestone in delivering decentralized, institutional-grade pricing infrastructure that’s foundational to increasing DeFi past crypto-native belongings. Through the extremely dependable Chainlink information commonplace, we are able to allow the creation of perpetual markets on a wider vary of high-quality belongings that our neighborhood and issuers wish to help.

Previous to its latest rollout to the US Fairness market, CNF reported that it had launched on the Scroll mainnet to offer builders with entry to low-latency market information. Chainlink has additionally teamed up with layer 1 blockchain Monad to convey its Oracle companies to its testnet together with the Information Streams.