MYX Finance, an infrastructure provider for decentralized perpetual markets, has announced the integration of Chainlink’s data services to deliver real-time, verifiable market data. The move incorporates Chainlink’s Data Streams and DataLink to power its trading ecosystem across all Ethereum Virtual Machine (EVM) compatible chains.

The integration is designed to provide sub-second price latency and institutional-grade data accuracy. For traders, this translates to faster, more reliable execution with market data that reflects real-time conditions, which helps reduce slippage and improve trading precision. For liquidity providers, it ensures that risk and rewards are governed by verifiable, high-quality data.

Ryan, the founder of MYX Finance, stated that upgrading to the Chainlink data standard strengthens the platform’s commitment to transparent and high-performance on-chain trading. He added that through Chainlink, MYX aims to make real-time perpetual markets accessible to everyone in a permissionless and provable way.

Chainlink Expands as DeFi’s Data Backbone

The collaboration marks another addition to Chainlink’s growing ecosystem. As the leading oracle provider in Decentralized Finance (DeFi), the network now supports over 2,500 projects, from DeFi protocols and enterprise applications to tokenized asset platforms.