Chainlink's Low-Latency Oracles Integrated With DEX GMX

Decentralized exchange (DEX) GMX has successfully integrated low-latency oracles from Chainlink to improve upon the functionality of perpetual DEXs and price-sensitive trading on GMX. The new oracles will provide more “granular” real-time market data to GMX v2 and will offer a “strong degree of tamper-resistance when settling user trades,” according to Johann Eid, the head of integration at Chainlink Labs. The beta version of GMX-tailored, low-latency oracle feeds is now available on the Arbitrum testnet. Chainlink will receive 1.2% of protocol fees generated by the low-latency oracles from the GMX protocol.