Deep Tide TechFlow reported on October 30 that GMX-Solana announced it will adopt Chainlink Data Stream as its official data oracle solution on Solana.
GMX-Solana is a sister project driven by the GMX community, bringing the GMX V2 protocol to Solana, and has adopted Chainlink Data Stream as its official data oracle solution. As part of this collaboration, the upcoming GMX-Solana perpetual DEX will integrate Chainlink Data Stream on Solana to help ensure functionality requiring secure, low-latency market data for execution prices, funding rate calculations, and liquidations.
“GMX-Solana is built on the principles of transparency and decentralization, which closely align with Chainlink's strategy for scaling DeFi,” explained Q, co-founder of GMX-Solana. “Integrating Chainlink Data Stream into GMX-Solana will help ensure our derivatives market is supported by decentralized, battle-tested infrastructure, providing a fair trading experience while fully leveraging Solana's performance advantages.”