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Vertex Optimizes User Experience With Chainlink Data Streams

Chainlink Data Streams is a pull-based oracle solution that allows protocols to consume data more cost-effectively and at lower latencies while reducing the risk of frontrunning and MEV. As a result, Data Streams expands DeFi’s reach by unlocking fast, user-friendly DeFi products and enabling highly performant decentralized exchanges (DEXs) that rival the trading experience of centralized exchanges.

Today, Vertex, a leading Arbitrum-based DEX for trading on derivatives and spot markets for digital assets, announced it integrated Data Streams to help power vital functions, such as liquidating undercollateralized positions and calculating funding rates.

Vertex was launched by a team of traders and engineers with resumes in TradFi and DeFi to give users a more flexible way to interact with DeFi. All DeFi protocols require high-quality price data, but since derivatives markets are typically more sensitive to small price changes, platforms like Vertex demand data with even greater speed, security, and accuracy. 

Data Streams leverages Chainlink’s time-tested oracle infrastructure, which has enabled over $10.5 trillion in transaction value, to deliver the sub-second price data Vertex needs to offer high-throughput onchain trading with near-instant settlement and a user experience that rivals centralized exchanges while maintaining web3 security standards.

In an official announcement, Vertex co-founder Darius Tabatabai described Data Streams as the “2.0 upgrade” to Chainlink’s industry-leading decentralized computing platform, already renowned for its reliability and security. “For a high-performance protocol like Vertex, this is huge as it helps maintain economic security in a marketplace where market volatility and leverage mean that speed is at a premium.”

To learn more about Vertex, visit their website, X and Discord.

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