CoinFLEX Announced Integration With Chainlink Price Feeds

CoinFLEX is thrilled to announce its integration with  Chainlink Price Feeds into their platform. Chainlink’s market-leading price feeds will serve as an additional layer of reliability, becoming the default source of price data in the unlikely event that their systems become unresponsive for a short period of time. This will give CoinFLEX a constant, decentralized source of price information and will allow them to test Chainlink before a potential deeper integration in the future.

CoinFLEX is an exchange where users can seamlessly trade perpetual contracts, collect interest on the world’s first interest-bearing stablecoin, and participate in yield farming via AMM+. The latter allows users to concentrate their liquidity into a price range of their choosing and earn yield from the trading activity within that range on CoinFLEX’s centralized order books.

With CoinFLEX, ‘Link Marines’ can buy and trade LINK in spot, futures and borrow or lend markets & can now add their LINK to the AMM+ in order to earn additional yield and make the most of their LINK holdings.

ABOUT CoinFLEX
CoinFLEX is the Home of Crypto Yields and is committed to providing institutional and retail investors an easily accessible platform to earn and trade crypto.

ABOUT Chainlink
Chainlink is the industry standard oracle network for powering hybrid smart contracts. Chainlink Decentralized Oracle Networks provides developers with the largest collection of high-quality data sources and secure off-chain computations to expand the capabilities of smart contracts on any blockchain. Managed by a global, decentralized community, Chainlink currently secures billions of dollars in value for smart contracts across decentralized finance (DeFi), insurance, gaming, and other major industries.

RESOURCES
coinflex.com/blog