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Chainlink and Sei: A New Collaboration for DeFi Growth

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by Giorgi Kostiuk

2 days ago


Sei and Chainlink have announced the integration of Chainlink Data Streams, helping to improve the accuracy and speed of data collection for decentralized finance applications.

What Are Chainlink Data Streams?

Chainlink Data Streams are now available on the Sei Network, providing crucial real-time data, including U.S. equities and GDP information. This collaboration between the Sei Development Foundation and Chainlink Labs strengthens Sei's infrastructure for decentralized finance applications.

Impact on Decentralized Finance

The integration of Chainlink Data Streams has already led to a boost in decentralized finance activities and institutional interest. Sei's total value locked exceeds $591 million, reflecting significant user growth with over 64 million unique addresses.

Future Perspectives of Investments

Experts suggest that the tokenization of traditional assets may become a priority if government collaborations with technology firms like Chainlink expand. Chainlink Data Streams represent a strategic asset within the Sei ecosystem, addressing liquidity and adoption growth among developers and users.

The integration of Chainlink Data Streams on the Sei Network opens new opportunities for decentralized finance and indicates the sector's potential for development through reliable data.

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