Perpl Trade, a leading DEX on Monad, adopted Chainlink as its official oracle solution. This ensures robust mark price calculations and enhanced reliability. Perpl Trade, a leading perpetual decentralized exchange (DEX) on Monad, has adopted Chainlink. This makes it their official oracle solution in the entire markets. Chainlink Data Streams and DataLink provide sound mark […] The post Chainlink News: Chainlink Powers Perpl Markets with Full Oracle Integration appeared first on Live Bitcoin News.Perpl Trade, a leading DEX on Monad, adopted Chainlink as its official oracle solution. This ensures robust mark price calculations and enhanced reliability. Perpl Trade, a leading perpetual decentralized exchange (DEX) on Monad, has adopted Chainlink. This makes it their official oracle solution in the entire markets. Chainlink Data Streams and DataLink provide sound mark […] The post Chainlink News: Chainlink Powers Perpl Markets with Full Oracle Integration appeared first on Live Bitcoin News.

Chainlink News: Chainlink Powers Perpl Markets with Full Oracle Integration

4 min read

Perpl Trade, a leading DEX on Monad, adopted Chainlink as its official oracle solution. This ensures robust mark price calculations and enhanced reliability.

Perpl Trade, a leading perpetual decentralized exchange (DEX) on Monad, has adopted Chainlink. This makes it their official oracle solution in the entire markets. Chainlink Data Streams and DataLink provide sound mark price calculations.

This plays a vital role in operations. These comprise the determination of margin consumption. It also causes liquidations and limit orders. This increases the efficiency of the system.

Perpl Trade said there was a definite upgrade. They also improved to Chainlink data standard. This has become their formal oracle solution. Chainlink Data Streams and DataLink offer institutional-grade data, which is less than a second. This includes all Perpl markets. This helps a lot in increasing performance and reliability for users.

Related Reading: Chainlink News: Chainlink Set to Anchor Next Wave of Blockchain Expansion | Live Bitcoin News

Chainlink oracle infrastructure is now used in the decentralized exchange (DEX) Perpl. This drives its on-chain perpetual futures trading markets. It offers safe and credible real time information. This integration guarantees low-latency high-integrity price feeds. They are required to provide effective and open-ended decentralized finance (DeFi) derivatives trades.

Chainlink (LINK) is performing at around 13.08 USD. In the last 24 hours, the price has had a little volatility. Though it has recorded a significant improvement in the second part of the day.

Chainlink was praised in a Grayscale research report. It described Chainlink as a key infrastructure to tokenized finance. This shows its increased value in the industry.

There is also development in the integration with financial systems. Chainlink, with Swift and UBS, just recently showed its technology. It demonstrated its ability to bridge tokenized assets. This was linked with the existing payment systems. This was done in the course of a pilot program.

There were also developments of products. It made major announcements during SmartCon 2025. These were in relation to Chainlink Runtime Environment (CRE). They also addressed Chainlink Confidential Compute, and it aims to increase on-chain capabilities. Additionally, it strengthens privacy while maintaining verifiable results.

The volatility has stayed the same even after the long-term optimism. Some analysts argue on the positive side. There have been recent price drops of LINK. Nonetheless, there has been an indication of recovery in trading volume. This means that the investor interest is back.

Perpl Trade, a leading DEX on Monad, adopted Chainlink as its official oracle solution. This ensures robust mark price calculations and enhanced reliability.                                                    Source: Chainlink

Majorities of the Integration are important. The Perp protocol is called Perpl (in short Perpetual Protocol). It is an on-chain all exchange. It deals with perpetual futures trading.

Its purpose is clear. Chainlink offers necessary, unaltered information streams. They are needed to estimate important factors. These are real-time funding rates and prices of the market. This makes contract prices in line with the underlying spot markets.

It has a strong infrastructure. Perpl is based on the Monad blockchain. It capitalizes on its high performance. This implies low latency and high throughput. It integrates this with the data of Chainlink. This provides a comparable trading experience with the centralized exchanges (CEXs).

The advantages are high. Chainlink helps Perpl reduce the dependence on social voting mechanisms. It also minimizes the risks of resolution. These are linked to off-chain sources of data. This increases the security and reliability of market settlements.

The impact is far-reaching because Chainlink is being embraced by major DeFi protocols and traditional financial institutions. They consider it the industry standard. This takes quality data that can be verified on the blockchain. It captures tens of trillions of value of transactions in the ecosystem.

The post Chainlink News: Chainlink Powers Perpl Markets with Full Oracle Integration appeared first on Live Bitcoin News.

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