According to an official announcement, developers who build DeFi applications on the Solana mainnet can now incorporate seven of Chainlink’s price feeds into their products including BTC/USD, ETH/USD, USDC/USD, and others. More Chainlink oracle services and price feeds will also be made available, at the later stages of the integration.
Multiple projects have already committed to using Chainlink’s tools, including DeFi lending protocol Apricot Finance, and yield farming aggregators Francium and Tulip. Other projects such as Aave, Compound, and dYdX also use Chainlink’s data services. However, Chainlink’s launch on Solana, makes it the first non-Ethereum Virtual Machine (EVM) chain supported by the network.
Commenting on the integration, Sergey Nazarov, co-founder of Chainlink, said:
"By providing the most reliable and highest quality data to the already lightning-fast Solana blockchain, the Chainlink integration with Solana is a major leap forward for the kind of scalable, institutional-grade, DeFi applications that can be built only on Solana."
Besides the price feeds, Chainlink also said it wants to bring more of its services to Solana, including its Proof-of-Reserve service for asset attestations, its keepers for event-driven and time-based automation, and its Verifiable Random Function for sourcing randomness.