Big moves over here from MegaETH. Chainlink Data Streams will enable MegaETH to realize its dream of ultra-low latency execution even faster. → Chainlink pulls raw prices from diverse sources (crypto, forex, equities, and commodities) and what this means for MegaETH is that dApps will always tap into broad, resilient market coverage. → Data isn’t just collected, it’s validated and normalized by a Chainlink's strong node network to prevent single point of failure for MegaETH traders, LPers, etc. Here’s where it gets exciting: → Chainlink's Data Streams maintained a price latency of ≤ 1,200 ms, that is, ≦ 1.2 seconds in 95% of observations meaning that they can aggregate cryptographically signed reports in sub-seconds. MegaETH can now match TradFi speed with onchain trust as they intended. → Due to this integration, dapps on MegaETH including perps, options, and DEXs, can execute with real-time prices, volatility metrics and bid/ask. → With this stack, every data call that passes through Chainlink’s verify contract to Mega ETH is untampered and has proof of authenticity. These are not just buzz words, there are a few documented cases where Chainlink literally saved protocols from disaster → Aave and Compound have both cited Chainlink’s tamper-resistant feeds explicityly as essential for safe liquidations. → Since @synthetix_io $37M exploit, they've relied on Chainlink for secure oracle solution on all their synthetic assets. → .@MakerDAO only integrated them after they lost $4.5M in collateral due to lags from their oracle. Now they rely on Chainlink to improve reliability during extreme volatility. → Before Terra collapsed Anchor was using Chainlink oracles. When LUNA price spiraled into chaos, Chainlink had to pause its LUNA feed. That pause actually saved some protocols from liquidations. Whenever a protocol ran into trouble with delayed price feeds, moving to Chainlink was the fix. Now you know why i'm so bullish on this integration. If you're betting on Megaeth like i am, register for the sale, there are 9 days left.
2d ago
Introducing Native, Real-Time Data Streams. Built in collaboration with @chainlink. A first-of-its kind integration combining the security of traditional onchain oracles with the immediacy of streaming data.
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