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Home»Blockchain»Base welcomes secure gold transactions via Chainlink and Synfutures
Blockchain

Base welcomes secure gold transactions via Chainlink and Synfutures

2025-07-01No Comments4 Mins Read
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  • Synfutures integrated the Chainlink Data Standard to guarantee that the sabotage resistant prices in its new perpetual gold market are based.
  • The Cross-Chain solutions from Chainlink now support more than 46 block chains and have recently been taken over by Wemix and Plume Network.

Not many platforms dare to focus directly on the gold market in the Defi space. But Synfutures has chosen this path by working with Chainlink to ensure that all used gold price data (XAU) are really safe and free of manipulation.

This collaboration was announced together with the launch of the XAU Perpetual Market on the basic network – which means that users can now exchange gold such as derived contracts without the need for traditional financial institutions.

Synfutures (@synfuturesdefi) – a leading decentralized eternal exchange with $ 67b+ in three -month trade volume – has adopted the chainlink data stand on @Base.

Chainlink supports the newly mentioned XAU market from Synfuture with very safe, sabotage-proof market data. pic.twitter.com/plh3hbapqd

– Chainlink (@chainlink) 28 June 2025

Synfutures takes reliability seriously with chain link -integration

But it’s not just about adding the list of markets. This step is even more interesting because Synfutures immediately adopted the Chainlink data standards, a system that has long been known as a reference for reliable price data in the crypto eco system.

In this way the gold price on this platform not only appears – it is actually derived from a trusted source that can withstand external interference, system errors and even malignant manipulation.

See also  Global gold demand soars to a record $193 billion as Trade Group says geopolitical risk premium will continue to drive demand

In addition, Chainlink stated that this integration makes the golden market data about synfutures possible consistent and transparent.

That is crucial, especially for eternal contracts whose margins can be thin and can be very sensitive to the least price changes. Not obtaining accurate data can lead to a losing position or even liquidation. In this context, the presence of a strong oracle is not only a function – it is a primary need.

A cross-chain partner that is difficult to ignore

On the other hand, CNF recently reported that Chainlink has again recorded an interesting achievement. Blockchain -analysis platform Santiment arranged Chainlink as the most active Defi project based on development momentum.

Their development activity score reached 363.73 – a sign of how busy chain link developers have been over the past 30 days. Github Commits and Code contributions are important indicators, and it seems that Chainlink does indeed continue to add functions and extends the range.

One of the most obvious examples? Take a look at how the Wemix blockchain platform recently chose Chainlink as the most important partner for cross-chain cases. They even made CCIP (cross-chain interoperability protocol) the only solution used for activation transfers.

As a result, users can send USDC Stablecoins directly from Ethereum to Wemix 3.0 without the packing process. Everything is done automatically and immediately, without the needs being needed.

Not only that on 18 June we also emphasized the role of Chainlink in integration with Plume Network. With CCIP from Chainlink, plume users can connect to more than 46 block chains at the same time, through cross-chain messages and assets transfers protected by built-in anti-fraud systems. If you are looking for a concrete example of safety and trust, this is probably one of the most obvious.

See also  Ripple-backed custody drives $280 million diamond tokenization push in UAE

Interesting is that all these developments came relatively close together. Although many projects are promoting themselves, Chainlink continues to build a strong base and spread its influence over the global Defi Ecosystem. Including now through his new collaboration with Synfutures.

In the meantime, the link of the link is changing to press $ 13.42upwards 2.14% In the last 24 hours, market capitalization float to surpass the $ 9 billion.



Source link

base Chainlink Gold Secure Synfutures transactions welcomes
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