Chainlink Integration Positions Monad as a Ready-to-Build L1 for Cross-Chain DeFi Apps

• The Chainlink data standard now supports MON for secure and efficient data.
• The integration builds on Monad’s existing support for Chainlink Data Feeds and Data Streams. 

---

Chainlink has announced on X that its data standard now supports Monad (MON) as it positions itself as a strong foundation for cross-chain DeFi. The Chainlink Data Standard is essentially a framework that defines how data is formatted, transmitted, and interpreted across the Chainlink network of decentralised oracles. It ensures that data from various sources, whether price feeds, weather info, sports scores, or blockchain events, is consistent, reliable, and easy for smart contracts to use.

To support the growth of DeFi on Monad, the Chainlink team is encouraging the community to

Real-Time Data and Cross-Chain Capabilities

This new integration builds on Monad’s existing support for Chainlink Data Feeds and Data Streams, which gives developers access to secure, real-time price information for MON and other assets.

As we previously explained in a report, Chainlink’s Cross-Chain Interoperability Protocol (CCIP) will enable MON to move seamlessly across different blockchain networks, expanding its utility and reach. Because Chainlink’s oracle network is decentralised and highly resistant to tampering or single points of failure, MON benefits from an added layer of trust and security.

Combined with MON’s high-performance Layer-1 architecture, this integration allows MON to support complex DeFi operations, high-frequency trading, and large-scale applications.

For context, Monad is architected to process non-conflicting transactions simultaneously. Its design enables over 10,000 transactions per second, a major leap from traditional sequential EVM chains. With a 0.5-second block time and “single-slot finality,” Monad offers rapid transaction confirmation, reducing friction for high-frequency or latency-sensitive DeFi apps.

Monad maintains full bytecode compatibility with Ethereum (ETH). For developers, this means that they can transfer their Solidity contracts and current tools, such as Hardhat and Foundry, to Monad with little effort.

The Chainlink team noted that,

At the time of writing, LINK is trading at $12.79 after a 3% rally over the past 24 hours, following a nearly 5% drop over the past 7 days. Analysts remain optimistic ahead of a possible Chainlink spot ETF approval before the end of the year.

]]>