GMX Adds 24/7 Trading for Gold and Silver Using Chainlink Data Streams

GMX states that gold and silver markets are now available around the clock on its platform, with pricing powered by Chainlink Data Streams (real-time oracle price feeds).

Summary

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Terms & Concepts
  • Chainlink Data Streams: A blockchain oracle service that delivers low-latency market data feeds to decentralized applications.
  • GMX: A decentralized exchange for on-chain perpetual trading and spot trading across supported blockchain networks.
  • Oracle: A blockchain data service that brings external market information, such as asset prices, on-chain.