opBNB, a layer-2 scaling solution for BNB Chain, has chosen Chainlink Data Streams as its preferred low-latency oracle solution. This integration brings advanced market data capabilities to the opBNB network, enhancing the performance of decentralized finance applications. With opBNB supporting up to 5,000-10,000 transactions per second, the addition of Chainlink Data Streams further strengthens the network’s capabilities.
Marwan Kawadri, Head of EMEA at BNB Chain, expressed excitement about the integration, highlighting the benefits of Data Streams for the opBNB ecosystem. Chainlink Data Streams provide high-frequency market data with features like liquidity-weighted bid-ask spreads and sub-second execution speed, ensuring transparency and decentralization.
Thodoris Karakostas, Head of Blockchain Partnerships at Chainlink Labs, emphasized the security and reliability enhancements that Data Streams bring to high-performance DeFi applications on the layer-2 network. Additionally, Joey, Founder of KiloEx, noted the importance of accurate and timely price information facilitated by Chainlink Data Streams for their perpetuals.
For developers interested in exploring Chainlink Data Streams, detailed documentation is available on Chainlink’s website. Chainlink’s decentralized computing platform has facilitated over $16 trillion in transaction value across various sectors, including DeFi, banking, and global trade.
BNB Chain, a community-driven blockchain ecosystem, consists of BNB Smart Chain (BSC), opBNB, and BNB Greenfield, providing scalable solutions for Web3 adoption. The ecosystem prioritizes security and offers tools like AvengerDAO and Red Alarm to protect users and scan risks in real-time.
The integration of Chainlink Data Streams on opBNB marks a significant advancement for both networks, enhancing the capabilities of DeFi applications and ensuring the reliability of market data for users.