Monad Partners with Chainlink Scale for Enhanced DeFi Ecosystem
2min read Monad, a high-performance Layer-1 blockchain, has announced a strategic partnership with Chainlink Scale to enhance its ecosystem. This collaboration provides Monad with access to Chainlink's secure and tamper-proof oracle services, including Data Feeds, Data Streams, and the Cross-Chain Interoperability Protocol (CCIP). These services are crucial for enabling blockchain ecosystems to interact with real-world information securely and reliably.
Chainlink's oracle nodes will supply Monad with real-time data from various asset classes, such as Proof of Reserve and other critical financial information. This integration allows Monad's smart contracts to interact securely with real-world data, which is essential for building reliable, dynamic, and scalable decentralized finance (DeFi) applications that handle complex financial transactions across networks.
Monad stands out with a transaction processing speed (TPS) of over 10,000 and a block time of 0.5 seconds, while maintaining full compatibility with the Ethereum Virtual Machine (EVM). Unlike many of its Layer-1 counterparts, Monad aims to achieve security, decentralization, and scalability through technical innovation. Its four main technologies—MonadBFT, Asynchronous Execution, Parallel Execution, and MonadDb—prioritize throughput without compromising decentralization or finality. These features enable developers to build decentralized applications (dApps) that operate quickly and cost-effectively while maintaining data integrity.
Keone Hon, Monad’s Co-Founder and CEO, highlighted that Chainlink’s infrastructure would provide Monad with the pricing and market data needed for next-generation DeFi. He emphasized that ultra-reliable data feeds are fundamental for powering the next generation of real-time decentralized apps in DeFi.
As part of this integration, Chainlink’s Cross-Chain Interoperability Protocol (CCIP) and Data Streams are being deployed on the Monad Testnet. CCIP will enable Monad to communicate with various other blockchain networks, facilitating seamless interoperability. Data Streams will provide a continuous, high-throughput feed of data to Monad’s smart contracts, which is crucial for building applications that rely on dynamic and ever-changing data, such as DeFi platforms.
CCIP facilitates seamless communication between disparate blockchains, while Data Streams provide an ongoing, high-throughput feed of data to smart contracts, capable of supporting up to 1,000 unique data points per second. This advancement follows Chainlink’s recent upgrade to its data streaming framework, known as Multistream, which brings parallelism and efficiency to data flow mechanisms. Now, Monad’s Testnet environment enables developers to create and test real-time DeFi products with higher flexibility and lower operation risk.
Johann Eid, chief business officer at Chainlink Labs, stated that Monad’s integration is an important milestone in expanding the capabilities of DeFi. He added that tamper-proof data feeds enable developers to experiment with building new types of financial products and user experiences that were previously constrained by latency and inaccuracy.
The move to join Chainlink Scale is not just a technical upgrade but also a strategic alignment with one of the most trusted infrastructure providers in the Web3 space. The widespread adoption of Chainlink across all industries showcases the importance of reliable off-chain data for the on-chain economy. Using Chainlink’s oracles, Monad is uniquely equipped to meet the needs of both institutional and retail dApp developers who require scalability, accuracy, and transparency. The integration is likely to accelerate long-term adoption, particularly for teams developing complex DeFi protocols, prediction markets, and cross-chain applications.
Monad, already regarded for its single-slot finality and hardware-friendly architecture, is quickly emerging as the home for EVM developers seeking more scalability without forfeiting the Ethereum ecosystem. With the maturation of blockchain technology, the demand for scalable, secure, and data-rich environments has increased. Monad’s collaboration with Chainlink is a strong message to developers and institutions: the network is ready to support the next phase of blockchain applications.
