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Home » Monad Collaborates with Chainlink to Enhance Layer-1 Ecosystem
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Monad Collaborates with Chainlink to Enhance Layer-1 Ecosystem

By adminApr. 23, 2025No Comments3 Mins Read
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Monad Collaborates with Chainlink to Enhance Layer-1 Ecosystem
Monad Collaborates with Chainlink to Enhance Layer-1 Ecosystem
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Monad, a Layer-1 blockchain built for high performance and compatible with the Ethereum Virtual Machine (EVM), has officially joined the Chainlink SCALE program.

Through the partnership, Monad will bring Chainlink’s oracle services to its testnet, including data feeds, data streams, and the CCIP cross-chain protocol. This means developers building on Monad will have access to more accurate and reliable market data, without having to rely on third parties.

Chainlink on Monad mainnet day 1 @chainlink will unlock data feeds, data streams and CCIP for developers

nads marinespic.twitter.com/FGXDVHcICU — Monad ⨀ (@monad_xyz) April 22, 2025

A New Boost for the Monad Ecosystem

If you’ve ever tried building financial applications on a blockchain, you know how crucial stable, un-tamperable data is. That’s where Chainlink comes in. By providing tamper-proof pricing and market insights, this integration can boost user trust and pave the way for wider adoption.

Furthermore, Chainlink Data Streams enable data delivery at low costs and with reduced latency. For DeFi projects that need speed and efficiency, this could be the solution they’ve been looking for. CCIP is also interesting, because it allows cross-chain token transfers with specific instructions on the destination blockchain—like sending money while telling you directly what to use it for.

On the other hand, CNF also previously reported that CAP had already used Chainlink oracles on Ethereum to ensure that the cUSD price remains transparent and cannot be manipulated. CAP’s move is a real example of how Chainlink can directly strengthen the credibility of DeFi projects.

Chainlink Navigates Markets and Regulators With Confidence

Chainlink itself is hot. In the past month, more than $120 million in LINK tokens have been withdrawn from exchanges, most likely by large investors who are accumulating.

Not only that, Chainlink has also started communicating with regulators. In the past few days, the Chainlink Labs team has had discussions with the SEC to discuss token classification and project transparency. Sergey Nazarov, the CEO, even explained how blockchain can help in asset management.

Meanwhile, LINK’s adoption in the mainstream market is also expanding. PayPal recently added Chainlink and Solana to the list of cryptos supported on its platform. This means PayPal users can now buy, hold, and sell LINK directly.

And for those curious about Chainlink’s long-term plans, save the date: SmartCon will return to New York on November 4–5, 2025. It will be held at the Metropolitan Pavilion, and is expected to be a major event for Web3 and DeFi players from around the world.

At the time of writing, LINK was trading at around $14.61, up 11.83% in the past 24 hours, pushing its market cap past the $9 billion mark.

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