Chainlink (LINK) — Onchain News & Whale Tracking

Chainlink Labs has launched an entrepreneurship support program called "Build on Solana," and applications are now open.

On May 17th, as per official channels, Chainlink Labs declared the initiation of a startup support program named "Build on Solana", which is intended to assist outstanding teams in building, launching, and expanding within the Solana ecosystem. The application process is now open. Selected teams will become part of Chainlink Build and receive practical guidance from Chainlink and the Solana Foundation, along with ecosystem incentives and marketing resources.

Chainlink has launched the Chainlink Rewards community incentive program to encourage users to participate in its ecosystem

On May 5th, according to CoinDesk, Chainlink is set to launch a novel community reward program. The purpose of this program is to motivate users to engage in its ecosystem. The first round of rewards will be distributed by the decentralized data platform Space and Time (SXT). This program, named Chainlink Rewards, enables projects on the Chainlink network to distribute rewards to eligible node operators and community members. This is a way to recognize their contributions to network security. Space and Time has allocated 4% of its total SXT token supply, which amounts to 2 billion tokens. These tokens will be given to participants in the Chainlink ecosystem, including LINK stakers. The first batch of 1 billion SXT tokens will be available for claiming starting from May 8th for eligible historical and existing LINK stakers. It is expected that Chainlink Rewards will expand over time and may involve more Build partners in future reward seasons. Although the token distribution will be

Kamino integrates Chainlink data feeds, launches Multi-Price Oracle System

On April 28th, according to official channels, Kamino has declared the incorporation of Chainlink data feeds into its oracle infrastructure. This integration is accompanied by an upgrade to Kamino's oracle infrastructure, introducing a multi-price oracle system. This system gathers pricing data from multiple providers (such as Chainlink) in order to guarantee reliable, accurate, and tamper-proof pricing information at all times.

Chainlink's cross-chain payment system Payment Abstraction has officially launched on the mainnet

On April 1st, according to official channels, Chainlink announced that Payment Abstraction has officially gone live on the mainnet. This represents an innovative cross-chain payment system that is capable of substantially reducing payment frictions within the Chainlink network. With Payment Abstraction, users are able to pay for Chainlink services using alternative assets (such as Gas tokens and stablecoins), which will then be automatically converted into LINK tokens through Chainlink Automation, Price Feeds, CCIP, and DEX. Payment Abstraction is now in a production phase and initially focuses on converting the network fees generated by Chainlink's Smart Value Recapture (SVR). SVR is an oracle solution that enables DeFi applications to capture the maximally extractable value (MEV) generated when using Chainlink's data oracles. The captured MEV fees will be distributed between the DeFi applications integrating this solution and the Chainlink network. Currently, Chainlink SVR has been

Aave integrates with Chainlink SVR to Return MEV Fees to Users

On March 28th, as per official channels, Aave has declared the incorporation of a novel Chainlink oracle service onto the Ethereum mainnet - the Strategic Value Recovery (SVR). This service is designed to reallocate the profit stemming from sandwich trading to the users of the DeFi protocol. Chainlink's SVR is a service that conducts auctions for the "buyback rights" of Chainlink price feed oracles through MEV-Share and subsequently redistributes the liquidation profits.

Abu Dhabi's ADGM Partners with Chainlink to Develop a Compliance-Focused Tokenization Framework

On March 25th, as per CoinDesk, the Abu Dhabi Global Market (ADGM) has made an announcement. It has signed a Memorandum of Understanding with Chainlink with the aim of collaborating on a compliance framework for tokenized assets. This collaborative effort will allow the Abu Dhabi Global Market to make use of Chainlink's blockchain tool suite, encompassing price feed data support and interoperability services. Such utilization is intended to promote blockchain innovation within its regulatory ecosystem.

Coinbase, Chainlink, Exodus Executives to Attend Trump Crypto Summit

On March 5th, as reported by Coindesk, this Friday, President Trump of the United States will host the first cryptocurrency summit at the White House. It was disclosed that the attendees will comprise executives from multiple cryptocurrency companies like Coinbase, Chainlink, Exodus, and Strategy. The executives who have currently been confirmed to attend include Coinbase CEO Brian Armstrong, Chainlink Labs co-founder Sergey Nazarov, Exodus CEO J.P. Richardson, and Strategy chairman Michael Saylor. In addition, Robinhood CEO Vlad Tenev also gave a hint on the X platform that he will be going to Washington to participate. From the White House, President Trump will personally preside over the summit. His cryptocurrency and AI advisor David Sacks, as well as the Executive Director of the President's Digital Asset Working Group, Bo Hines, will also be in attendance.

Solv Protocol Introduces Chainlink Proof of Reserve to Enhance Its Bitcoin Asset Transparency

On February 12th, Solv Protocol made an announcement regarding the adoption of Chainlink Proof of Reserve to enhance the transparency and security of its Bitcoin reserves. This particular Proof of Reserve will furnish real-time reserve data for all of Solv Protocol's assets, encompassing SolvBTC and various LST assets, thereby guaranteeing asset transparency. Recently, the total value locked within the Solv Protocol has been on a continuous upward trend. The protocol's total locked Bitcoin has exceeded 27,000 BTC, with a value surpassing $2 billion.

Chainlink is announcing the launch of the Chainlink DeFi Yield Index

On January 31st, Chainlink declared the launch of a novel data product known as the Chainlink DeFi Yield Index (CDY Index). By leveraging the Chainlink standard, it aggregates DeFi lending rates throughout the entire market. This index makes use of Space and Time's blockchain indexer and database technology to obtain real-time on-chain activity data for the calculation process, with a focus on accuracy, robustness, and market representation.

Sonic Mainnet Integrates Chainlink CCIP to Support DeFi Applications

On January 23rd, Sonic Labs made an announcement regarding the incorporation of the Chainlink Cross-Chain Interoperability Protocol (CCIP) into its mainnet. This integration provides developers on the Sonic blockchain with the ability to utilize Chainlink's advanced infrastructure for the creation of DApps. It enables secure token transfers, messaging, and promotes interoperability between the Sonic blockchain and other blockchains.