Chainlink announced multiple new integrations during the present week that solidified its position as the crucial infrastructure backbone of Web3 through nine integrations across seven different networks. The nine integrations with ApeChain, Arbitrum, Base, Celo, Cronos, Cronos zkEVM, and Ethereum include four distinct services which support major projects including Aave, Apecoin, Celo, Cronos, Lightspeed Coin, and Polytrade Finance.
Enhancing DeFi and NFT Ecosystems
New Chainlink integrations will strengthen the operational security features of several blockchain applications. Aave selects Smart Value Recapture oracle to move MEV profits back to Aave users which creates an equitable environment for its users.Â
Apecoin enables Bored Ape Yacht Club users to verify zero-knowledge proof with ApeChain and reduce gaming and NFT transaction fees by more than 90%. Polytrade Finance obtains manipulation-proof price data through price feeds as part of its platform design for real-world asset tokenization across SME lending operations.
Bridging Blockchains with Secure Data
Celo a blockchain platform specialized for mobile financial inclusion uses Cross-Chain Interoperability Protocol (CCIP) to provide secure cross-chain transaction capabilities thus improving its DeFi functionality.Â
Decentralized applications (dApps) require financial data which Chainlink delivers through price feeds accurately to support the Crypto.com infrastructure composed of Cronos and its zkEVM blockchain system. The operational functionality of Lightspeed Coin’s DeFi initiatives may depend on data feeds.
A Diverse Range of Blockchains
Multiple blockchain networks participating with Chainlink demonstrate its successful operation across networks classified at levels one and two. The main hub of Chainlink uses Ethereum while the network maintains flexibility by connecting with emerging blockchain solutions such as ApeChain and Cronos zkEVM.
Coinbase’s Base platform along with Arbitrum increases Chainlink’s capabilities in high-performance environments which provides developers with easy access to data.
Driving Web3 Innovation Forward
Real-time secure data delivery plays an essential part in enabling smart contracts by providing reliable service to three core blockchain applications. The expanding Chainlink platform enables projects to access secure infrastructure solutions that drive Web3 market penetration across a variety of sectors.
