Trader Joe Will Integrate Chainlink Price Feeds to to Finally Bring Lending and Leveraged Trading to Avalanche

We’re excited to announce that Trader Joe — a one-stop decentralized trading platform — will be one of the first to integrate Chainlink Price Feeds on Avalanche. By integrating Chainlink’s industry-leading decentralized oracle network, Trader Joe will have access to high-quality, tamper-proof price feeds needed to finally bring DeFi to Avalanche with lending and leveraged trading. This will provide our users with strong assurances that our lending and leveraged trading protocols are safe and secure.

  • Secure Node Operators — Chainlink Price Feeds are secured by independent, security-reviewed, and Sybil-resistant oracle nodes run by leading blockchain DevOps teams, data providers, and traditional enterprises. Chainlink nodes have a strong track record of reliability, even during high gas prices and infrastructure outages.
  • Decentralized Network — Chainlink Price Feeds are decentralized at the data source, oracle node, and oracle network levels, generating strong protections against downtime and tampering by either the data provider or oracle network.
  • Reputation System — Chainlink provides a robust reputation framework and set of on-chain monitoring tools that allow users to independently verify the historical and real-time performance of node operators and oracle networks.

One-stop Trading Platform on Avalanche