Jojo Exchange Integrates Chainlink Data Streams On Base Mainnet

Key points:

• JOJO Exchange has implemented Chainlink as its Oracle solution.
• The Base network DEX cited Chainlink’s infrastructure, sub-second price latency, and high data accuracy as reasons for the integration.

JOJO Exchange integrates Chainlink Data Streams to improve Oracle solutions, enhancing price accuracy, sub-second latency, and security for its perpetual futures on the Base network.

JOJO Exchange Enhances Oracle Solutions with Chainlink Data Streams

JOJO Exchange, a decentralized platform on the Base network, has integrated Chainlink Data Streams to provide improved Oracle solutions for its perpetual futures trading.

The decision to deploy Chainlink’s infrastructure was driven by sub-second price latency, high data accuracy, and transparency. JOJO Exchange founder Jotaro emphasized that Chainlink ensures a robust risk framework for an enhanced user experience.

Read more: Chainlink Data Streams and VRF Launch on Base Platform!

Chainlink Powers Advanced DeFi Security

According to William Reilly of Chainlink Labs, Chainlink Data Streams will provide ultra-fast bid-ask data to JOJO Exchange, providing top-notch liquidation security and supporting a seamless DeFi experience.

By combining smart contract commands with Chainlink, JOJO Exchange enables automated trading with highly efficient on-chain payments, giving users up to 1,000x leverage.