We’re excited to announce that Sonic Labs has joined the Chainlink Scale program and is integrating Chainlink Data Feeds and Chainlink CCIP into the new Sonic network.
This initiative will empower Sonic ecosystem developers by providing them with the tools they need to build feature-rich on-chain apps through Chainlink’s industry-leading services.
Joining Scale provides Sonic developers with enhanced access to Chainlink’s high-quality, low-cost oracle services. Sonic will cover Chainlink oracle network operating costs for a period of time before those costs can transition toward being fully covered by app user fees as Sonic’s ecosystem matures.
Enabling Secure DeFi With Industry-Standard Chainlink Data Feeds
As the most widely adopted data standard in the on-chain ecosystem, Chainlink already helps secure leading DeFi protocols responsible for tens of billions of dollars in smart contract value, maintaining robust security and high availability even amid unexpected events.
Chainlink Data Feeds deliver several critical features and benefits, including:
- High-Quality Data — Chainlink Data Feeds source data from multiple premium data providers, leading to pricing data aggregated from hundreds of exchanges, weighted by volume, and cleaned of outliers and wash trading. Chainlink’s data aggregation model generates precise global market prices that are inherently resistant to inaccuracies or manipulation of any single or small set of exchanges.
- Secure Node Operators — Chainlink Data Feeds are secured by independent, security-reviewed, and Sybil-resistant oracle nodes run by leading blockchain DevOps teams, data providers, and traditional enterprises. Chainlink nodes have a strong track record of reliability, even during high gas prices and infrastructure outages.
- Decentralized Network — Chainlink Data Feeds are decentralized at the data source, oracle node, and oracle network levels, generating strong protections against downtime and tampering by either the data provider or oracle network.
- Reputation System — Chainlink provides a robust reputation framework and set of on-chain monitoring tools that allow users to independently verify the historical and real-time performance of node operators and oracle networks.
Building Secure Cross-Chain Apps With Chainlink CCIP
Sonic Labs chose CCIP as our interoperability solution for Sonic for its proven track record of maintaining the highest standard of security and reliability in the blockchain industry, with CCIP being the only interoperability solution achieving level-5 cross-chain security.
Furthermore, CCIP is backed by the Risk Management Network—a separate, independent network that continually monitors and verifies cross-chain operations for suspicious activity. This additional layer of security is particularly important given historical industry exploits and the billions in user funds lost due to unreliable cross-chain infrastructure.
Chainlink CCIP provides a multitude of important benefits and features, such as:
- Defense-In-Depth Security—CCIP’s consensus and messaging layer is powered by Chainlink decentralized oracle networks, which have already secured tens of billions of dollars for smart contracts and enabled over $14 trillion in on-chain transaction value. CCIP also features additional layers of protection and reliability via the Risk Management Network and Smart Execution.
- Seamless Integration—CCIP offers a unified cross-chain developer experience by providing a single, easy-to-integrate interface. Developers only need to integrate the CCIP Router on-chain to start building secure cross-chain applications.
- Scalable Architecture—CCIP eliminates the need for developers to write custom code for chain-specific integrations, while users can interact with any blockchain via a single interface.
- Extendable and Future-Proof—CCIP is built to support continuous updates, such as the integration of new blockchains, the introduction of advanced functionalities, and the addition of other defense-in-depth approaches to security. Thus, integrating with CCIP eliminates future switching costs should new cross-chain functionalities be needed.
We’re excited that Sonic Labs has joined the Chainlink Scale program, and that Chainlink Data Feeds and CCIP are being integrated on Sonic. By empowering Sonic developers with increased access to Chainlink services, they’re able to build secure, scalable, and fully-featured on-chain apps.”
– Johann Eid, Chief Business Officer at Chainlink Labs
We joined Chainlink Scale because it’s one of the most popular ways to make industry-standard oracle services available to Sonic developers. Chainlink Data Feeds will enable the development of high-quality DeFi applications, while CCIP will provide secure and reliable blockchain interoperability for the Sonic ecosystem. Developers asked for Chainlink, and we have it.”
– Michael Kong, CEO at Sonic Labs
About Chainlink
Chainlink is the industry-standard decentralized computing platform powering the verifiable web. Chainlink has enabled over $14 trillion in transaction value by providing financial institutions, startups, and developers worldwide with access to real-world data, off-chain computation, and secure cross-chain interoperability across any blockchain.
Chainlink powers verifiable applications and high-integrity markets for banking, DeFi, global trade, gaming, and other major sectors.
Learn more about Chainlink by visiting chain.link or reading the developer documentation at docs.chain.link.
L'investissement dans les crypto-actifs présente un risque de perte en capitale totale ou partielle. Dehfi attire l’attention des internautes sur le fait que des services et produits décrits dans le site peuvent faire l’objet de restrictions dans certains pays ou vis-à-vis de certaines personnes.
