GMX-Solana — the community-driven sister project that is bringing GMX V2 to Solana — is adopting @Chainlink Data Streams as its data oracle solution. This integration will provide @GMX_SOL with on-demand access to high-frequency market data backed by battle-tested, decentralised infrastructure.
The soon-to-launch GMX-Solana Perp DEX will utilise Data Streams on @Solana to help secure execution prices, funding rate calculations, liquidations, and other features that require robust, low-latency market data.
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GMX-Solana is an extension of GMX on the Solana blockchain, dedicated to providing traders with an efficient, transparent, and decentralised platform for perpetual trading. It aims to achieve the trinity of decentralised leverage trading:
🔸Barrier-free creation of markets and pools
🔸Barrier-free utilisation of advanced trading strategies
🔸Barrier-free entry into market-making
GMX-Solana will support hundreds of assets, democratised liquidity provision through GLV, an innovative Trade-to-Mint economic model, and unrivalled execution speed — enabling highly-performant self-custody trading without intermediaries.
Learn more on the GMX News blog:
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