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Connecting billions.

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The U.S. financial system is at a turning point. To remain the global hub of asset creation, it must offer the most attractive assets onchain. The @chainlinklabs Government Affairs team explores the need for proof of reserves & proof of composition ↓ https://blog.chain.link/the-need-for-proof-of-reserves-and-proof-of-composition/

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SynFutures (@SynFuturesDefi)—a leading decentralized perpetual exchange with $67B+ in quarterly trading volume—has adopted the Chainlink data standard on @base. Chainlink supports Synfuture's newly listed XAU market with highly secure, tamper-proof market data.

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Just two days left for Chromion Hackathon submissions. Make sure to submit: • Public source code • Clear project description • 3–5min public demo video • README with links to all files using Chainlink More info on how to submit your project ↓

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Following the success of phases 1 and 2, the Aave DAO has officially voted with unanimous approval to enter phase 3 of its activation of Chainlink SVR. Phase 3 expands Chainlink SVR's coverage to ~75% of Aave's total Ethereum TVS, which represents ~95% of Aave’s OEV-relevant TVS, based on historical data. With this expansion, SVR has the opportunity to capture a greater amount of MEV for the Aave and Chainlink ecosystems. SVR is a novel oracle solution that allows Aave to securely recapture oracle-related liquidation MEV, with the recaptured value split between Aave and Chainlink. Since launch, SVR has operated without issue, successfully liquidating at-risk positions while ensuring zero bad-debt accrual for the Aave protocol. As part of Phase 3, SVR-activated markets now include all ETH-correlated assets (WETH, wstETH, weETH, etc.) and USDC. Remaining assets will be considered in a follow-up vote due to their unique token mechanics or other considerations that require extra due diligence. This expansion reflects a risk-adjusted approach to increasing Aave's usage of SVR, with the ultimate goal of having all Aave markets on @ethereum covered by SVR. Thank you to @aave and @bgdlabs for their continued support in building a new economic primitive for DeFi. Just use Chainlink.

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Global blockchain platform @WemixNetwork is leveraging Chainlink CCIP as its exclusive cross-chain solution. WEMIX has now expanded its use of CCIP to enable seamless, secure transfers of Ethereum-native USDC into the WEMIX3.0 ecosystem.

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