Blockpour Integrates Chainlink Price Feeds

Published on: 07.09.2022

Blockpour Integrates Chainlink Price Feeds, providing users with stronger assurances about the accuracy of Blockpour metrics, enabling them to have more confidence in the alpha they discover on the platform and ultimately make more informed decisions.

As an analytics platform that aggregates on-chain data across multiple chains. To help users identify trading strategies and opportunities. It is critical that Blockpour metrics are built on high-quality, reliable, tamper-proof, and real-time price data. As Blockpour integrates Chainlink Price Feeds across Avalanche, Ethereum, Fantom, Moonbeam, and Polygon.

By using Chainlink Price Feeds Blockpour is underpinning its metrics with:

  • High-Quality Data — Chainlink Price Feeds source data from numerous premium data aggregators, leading to price data that is aggregated from hundreds of exchanges, weighted by volume, and cleaned from outliers and suspicious volumes. Chainlink’s data aggregation model generates accurate global market prices. That are resistant to API/exchange downtime, flash crash outliers, and data manipulation attacks.
  • High Update Frequency — Chainlink Price Feeds can perform frequent price updates at minimal costs, resulting in precise price data that consistently reflects current market conditions.
  • Robust Infrastructure — Chainlink Price Feeds utilize decentralized networks of professional node operators run by leading blockchain DevOps teams and traditional enterprises with a strong track record of uptime during market volatility.
  • Transparency — Robust, publicly available reputation frameworks and on-chain monitoring tools allow users to independently verify the historical performance of node operators and oracle networks, as well as check the real-time prices being offered.

“We’re excited to be using Chainlink Price Feeds to help generate metrics on our platform. By accessing market data from Avalanche, Ethereum, Fantom, Moonbeam, and Polygon, our users are better able to identify and take advantage of cross-chain arbitrage opportunities. Critically, as speed can be essential when trading, Chainlink Price Feeds’ high-update frequency helps empower our users with real-time market data.” — Brayden Abick, Blockpour CTO and Founder.

“We’re pleased that Blockpour is using Chainlink Price Feeds from across Avalanche, Ethereum, Fantom, Moonbeam, and Polygon to power its multi-chain data analytics platform. By leveraging the industry-leading decentralized oracle network, Blockpour can provide its users with metrics based on highly accurate, reliable, and decentralized price data.” — William Herkelrath, Managing Director at Chainlink Labs

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About Chainlink

Chainlink is the industry standard for building, accessing, and selling oracle services. Needed to power hybrid smart contracts on any blockchain. Their oracle networks provide smart contracts with a way to reliably connect to any external API. And leverage secure off-chain computations for enabling feature-rich applications. Chainlink currently secures tens of billions of dollars across DeFi, insurance, gaming, and other major industries. And offers global enterprises and leading data providers a universal gateway to all blockchains.

Website | Twitter

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About Blockpour

Blockpour is a multi-chain data analytics platform. That provides traders with the tools and metrics they need to navigate the world of DeFi. Crypto traders can leverage Blockpour’s real-time multi-chain data feeds. And intuitive interface to identify trends across DeFi and discover their alpha.

Website | Twitter

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SOURCE: MEDIUM
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