Metric Launches DEX with Chainlink Data Streams

In a significant move for decentralized finance, Metric has launched a new decentralized exchange (DEX) leveraging Chainlink’s Data Streams as its recommended price oracle solution. This initiative, announced via Chainlink’s Twitter, marks a notable collaboration on major platforms such as Robinhood and BNB Chain. The integration aims to enhance liquidity for tokenized assets in active pools, which could attract more traders and liquidity providers in the coming weeks. Source

What Happened

The broader crypto market is currently displaying mixed signals, with various assets showing inconsistent momentum. Chainlink’s partnership with Metric is a positive development amid this volatility, as it positions Chainlink at the forefront of DEX innovation. Utilizing Chainlink’s Data Streams for price oracles will likely improve the accuracy and reliability of pricing on the new platform. This could not only benefit traders on Metric’s DEX but also bolster Chainlink’s reputation as a critical infrastructure provider in the DeFi space.

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