This week as part of the Road to SmartCon, permissionless perpetual trading platform and infrastructure provider MYX Finance announced it’s integrating Chainlink Data Streams and DataLink to power advanced perpetual markets across all EVM-supported chains.
Built to combine CEX-level execution with full onchain transparency, MYX uses its Matching Pool Mechanism (MPM) to deliver deep liquidity, low fees, and self-custodied settlement without slippage or custodial risk. Adopting the Chainlink data standard, which secures nearly $100 billion throughout DeFi, allows MYX to connect the speed of modern markets with auditable, composable, permissionless trading infrastructure.
Data Streams is a pull-based oracle solution that allows protocols to consume data more cost-effectively and at lower latencies while reducing the possibility of frontrunning and MEV. Leveraging Chainlink’s time-tested oracle infrastructure, which has facilitated over $26 trillion in transaction value, Data Streams expand DeFi’s reach by unlocking advanced products like perpetual futures contracts that require lower gas fees and faster price updates.
DataLink is Chainlink’s institutional-grade publishing service, which employs the same hyper-reliable oracle infrastructure to provide a turnkey service for data owners, such as Deutsche Börse and S&P Global Ratings, to seamlessly, securely, and reliably publish data onchain without the need to build or maintain new infrastructure.
Through Chainlink Data Streams and DataLink, MYX gains access to institutional-grade, low-latency market data that supports highly efficient perpetual markets and permissionless market listings across its platform.
“Upgrading to the Chainlink data standard strengthens MYX’s commitment to transparent, high-performance on-chain trading,” said MYX Finance founder, Ryan, in an official announcement.
“Through Chainlink, we’re making real-time perpetual markets accessible to everyone – permissionless, provable, and ready for the next era of DeFi.”
To learn more about MYX Finance, visit their website, X, Telegram, and Discord.