DeFi's largest protocol @aave has integrated @Chainlink SVR into its V4 lending markets to recapture non-toxic liquidation MEV
To date, Aave's use of SVR has processed $700M+ in liquidations (w/ zero bad debt) & generated $17M+ in revenue, split 65/35 between Aave & Chainlink
NEW: @The_DTCC is integrating Chainlink data and orchestration standards into the DTCC’s Collateral AppChain.
DTCC and Chainlink are advancing 24/7, near-real-time collateral workflows across global markets and blockchains.
EXTREMELY timely security milestone from Chainlink
Big-4 accounting firm @Deloitte just completed a SOC 2 Type 2 examination for Chainlink CCIP and Data Feeds (Price Feeds, Proof of Reserve, NAV Feeds)
A SOC 2 Type 2 is an independent audit verifying that an organization's security, availability, and confidentiality controls have operated effectively over a sustained evaluation period, typically 3 to 12 months (in this case 6 months)
While this kind of milestone may sound boring, this is exactly the kind of attestation that major enterprises and financial institutions look for before integrating with a technology vendor
Chainlink is now the only oracle platform holding SOC 2 Type 2, SOC 2 Type 1, and ISO/IEC 27001:2022 certification
This week in recap, powered by @chainlink ⬇️
- @HastraFi adopts Chainlink to bring $20B in HELOC & auto loans onchain, alongside @Figure and @KaminoFinance
- @sixgroup, operator of the Swiss & Spanish national exchanges, is bringing €2T+ in European equities data onchain via Chainlink
- CCIP powers cbBTC bridging into @monad_xyz, with $20M+ already deployed
- favorite graphic of the week featured below
Excited about the continued rollout of top institutional data on-chain via Chainlink; @sixgroup, the exchange of Switzerland has adopted @chainlink as the data standard it is using to get critical market data on-chain: https://t.co/GpQP6dnYnJ.
Chainlink is the global leader powering DeFi and TradFi RWAs, with this data helping increase institutional demand for both. This is now starting to be driven by TradFi users wanting their existing data sources on-chain as they move more capital into institutional grade RWAs, which require market data to function in similar ways to how DeFi couldn't operate without a reliable data layer like Chainlink. Below are just some more examples of top institutional grade data providers choosing to put their data on-chain via Chainlink as the leading data standard powering over 70% of DeFi globally, with it now becoming the data standard that their institutional users will be asking for in order to consider an RWA as reliable enough to put institutional capital into.
Also, being able to easily access key market data from CRE workflows should accelerate your speed of building a tokenized fund, tokenized equity, on-chain vault and many other on-chain financial products. If Chainlink is the place you can receive all your needed market data, reference data and identity data on-chain, that is just the first initial level of Chainlink integration for your RWAs. If you are then choosing to build your entire on-chain financial product via CRE because it can help you reliably create key conditional statements around the use of that data, with privacy and off-chain level compute scalability, that is a whole new level of Chainlink integration. The type of data listed below opens the door for DeFi, Prediction Markets, RWAs and many new categories of on-chain smart contracts to adopt Chainlink, but then once the full capabilities of reliable on-chain data are combined with CCIP cross-chain and CRE chain abstraction, that becomes a whole different level of orchestration, reliability and privacy.
S&P: https://t.co/6udBRjSzTU
FTSE Russell: https://t.co/gCpz6Eu99v
Tradeweb: https://t.co/d18kWaCifK
Deutsche Börse Group: https://t.co/KANxCI6uIF
Intercontinental Exchange: https://t.co/QWS7ETO9Kd
Coinbase: https://t.co/FS2MLqy4VB
Among many others....
Gold (XAU) and Silver (XAG) are now tradable 24/7 on @GMX_IO, fully powered by Chainlink.
High-speed data from Chainlink Data Streams is unlocking GMX's rapid expansion into 24/7 RWA perp markets.
LINK gold. LINK silver. LINK everything.
@mikewchan For sure. I recommend the Tabacon Hot Springs Resort if you do. Never seen anything like it.
Anyway my recc (if you are in one spot for awhile) is to ask a tour guide if they also drive. You can just just hit them up on Whatsapp and they'll take you where u need for cheap :)
Chainlink SVR accounted for 34.4% of @aave’s revenue in February of this year
Over the past year, SVR has generated $17M in revenue, split $11M to Aave and $6M to Chainlink
Aave recently expanded their use of SVR beyond Ethereum to include Base and Arbitrum market deployments to increase protocol revenue
SVR generates revenue by recapturing the non-toxic liquidation MEV that would have leaked to third party bots and chain validators
Integrating Chainlink into your DeFi app not only protects your protocol from insolvency, it prints you money
There is a reason Chainlink secures 70%+ of DeFi, we build win-win outcomes
Builders can now access Coinbase exchange data directly onchain.
With Chainlink DataLink, developers can tap into premium datasets to power the next generation of onchain apps across DeFi and beyond. https://t.co/idRJ1Uy92r
2) Chainlink vs. Nobody 🏆
Chainlink dominates the data oracle market
Data oracles bring real-world info to blockchains (asset prices, NAVs, real-world outcomes, etc) = essential for tokenizing the world
Chainlink owns this crucial market today, and it isn't even close
JUST IN: The U.S. @SECGov and @CFTC issue a joint interpretation officially classifying the LINK token as a digital commodity.
We congratulate the SEC and CFTC on this landmark milestone that provides a clear legal framework for the institutional adoption of digital assets.
JUST IN: Taylor Lindman has been officially appointed as Chief Counsel of the @SECGov's Crypto Task Force.
We thank Taylor for his great 5 years as a key part of the Chainlink Labs team in his role as Deputy General Counsel. We all look forward to modernizing the U.S. financial system together, taking it to the next level of its development and rapid growth.
JUST IN: @RobinhoodApp launches public testnet and partners with Chainlink as the oracle platform for Robinhood Chain.
Builders can leverage Chainlink’s data, interoperability, and compliance standards to power advanced tokenization use cases.
Robinhood 🤝 Chainlink