Key Highlights
- Perpl upgrades to Chainlink’s Data Streams and DataLink as its official oracle across all markets.
- Integration strengthens mark-price accuracy and liquidation reliability on Monad.
- Chainlink’s recent BUILD and CCIP integrations across DeFi and institutional partners.
Chainlink has added another integration to its expanding oracle network. Perpl, a high-performance perpetual futures exchange on the Monad L1, says it has now upgraded to Chainlink Data Streams and DataLink, making Chainlink its official oracle for every market it supports.
Both teams said the move is designed to boost mark-price accuracy, improve liquidation reliability, and support sub-second data for leveraged trading.
Perpl: a perp DEX built for Monad
Perpl runs on Monad, an EVM-compatible Layer 1 that prioritizes fast finality and high throughput. As a perpetual futures exchange, Perpl lets traders open leveraged long and short positions without expiry, relying on real-time price feeds and stablecoins for margin.
Perpl reported that earlier perp DEXs had to rely on AMMs or custom app-chains because older L1s couldn’t support fast order-book execution. The project aims to deliver CEX-like performance without custody, but that requires reliable, institutional-grade price data.
Perpl adopts Chainlink Data Streams and DataLink
The platform has now standardized on the Chainlink data ecosystem for all market operations. Chainlink Data Streams, the firm’s high-frequency market-data product, will supply sub-second prices used to calculate margin consumption and trigger liquidations. DataLink connects those feeds to Perpl’s matching engine, ensuring deterministic pricing across the protocol.
Perpl stressed that upgrading to Chainlink’s data standard aligns with its goal of offering CEX-grade performance in a decentralized environment.
Chainlink continues its expansion streak
The Perpl integration follows a busy month for Chainlink. On November 20, DeFi brokerage network Spicenet joined Chainlink BUILD, committing to adopt Chainlink as its exclusive oracle and cross-chain infrastructure provider.
That partnership includes integration of CCIP (Cross-Chain Interoperability Protocol), allowing Spicenet to route assets and liquidity across multiple blockchains.
What comes next
The integration positions Monad as another ecosystem adopting Chainlink as its default data layer for high-speed derivatives. With more DEXs moving to order-book designs and needing sub-second pricing, Chainlink Data Streams is increasingly becoming core infrastructure for next-generation perp markets.
Both teams say further integrations are expected as Perpl expands the number of supported assets and Monad attracts more liquidity.
Also read: Chainlink CCIP Drives Project Rubicon’s DeFi Expansion
