ARC Integrates Chainlink Price Feeds to Support Multi-Market Aggregator

We are happy to announce that ARC Exchange is using Chainlink Price Feeds as the primary price reference service for our crypto-based financial products. This integration gives ARC access to secure and reliable market data sourced from numerous premium data aggregators, secured by Chainlink’s battle-tested network architecture and decentralized oracle network.

ARC is an investment-grade, decentralized, true multi-market aggregator, encompassing centralized and decentralized exchanges, NFT marketplaces, and DeFi platforms. The system will empower users to monitor the prices of multiple assets across many different exchanges in real-time, and then buy, sell, trade, and transfer all from a single intuitive interface. As a result, it clearly has a need for the provision of a large volume of highly accurate and timely information.

This is where Chainlink comes in. Chainlink is a decentralized network that facilitates the transmission of real-world data to different blockchain environments. This is accomplished through a network of “oracles”, which provide a source of off-chain information delivered on-chain, including data such as asset prices. Being blockchain agnostic is another of Chainlink’s features, which perfectly suits ARC’s own ambitions. Chainlink is enterprise-grade middleware connecting applications and platforms to any blockchain to either call or deliver data in a secure and decentralized manner. Chainlink oracles are time-tested and help secure an estimated $75 billion+ across the smart contract and web3 industry.

Chainlink Price Feeds have numerous features that establish them as the market leader:

  • High-Quality Data — Chainlink Price Feeds source data from numerous premium data aggregators, leading to price data that’s aggregated from hundreds of exchanges, weighted by volume, and cleaned from outliers and suspicious volumes. Chainlink’s data aggregation model generates accurate global market prices that are resistant to API/exchange downtime, flash crash outliers, and data manipulation attacks.
  • High Update Frequency — Chainlink Price Feeds can perform frequent price updates at minimal costs, resulting in precise price data that consistently reflects current market conditions.
  • Robust Infrastructure — Chainlink Price Feeds utilize decentralized networks of professional node operators run by leading blockchain DevOps teams and traditional enterprises with a strong track record of uptime during market volatility.
  • Transparent Monitoring — 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 price feeds.

It should be no surprise that this Chainlink integration was a natural step forward for ARC. Both projects promote high standards for security, ease of use, data accuracy, and decentralization. ARC users will be able to extract the maximum utility from our platform thanks to industry-leading Chainlink oracles, which will initially be utilized in the form of Price Feeds — allowing ARC’s smart contracts to receive real-world market prices of assets and obtain the latest data in a single call.

But this is just the start, as in the future ARC plans to also incorporate the use of Chainlink’s API call function to connect our powerful multi-market aggregator to an array of different exchanges. Later on, ARC will also make use of Chainlink Verifiable Random Function (VRF) to generate secure random numbers in a tamper-proof and verifiable manner.

TJ Dunham, ARC’s CEO, said:

“The integration of Chainlink showcases our intent to build a strong foundation across our platform, allowing it to become a robust and accurate mechanism for all users.”

With ARC’s DEX functionality up and running, visit arc.market for all your ETH, BSC, Polygon, & Optimism swapping needs and transact with confidence, knowing that the platform is backed by secure, accurate, and timely data provided by the Chainlink Network.

About Chainlink

Chainlink is the industry standard for building, accessing, and selling oracle services needed to power hybrid smart contracts on any blockchain. Chainlink oracle networks provide smart contracts with a way to reliably connect to any external API and leverage secure off-chain computations for enabling feature-rich applications. Chainlink currently secures tens of billions of dollars across DeFi, insurance, gaming, and other major industries, and offers global enterprises and leading data providers a universal gateway to all blockchains.

Learn more about Chainlink by visiting chain.link or read the documentation at docs.chain.link. To discuss an integration, reach out to an expert.

All about ARC

ARC is the first true multi-market aggregator — consolidating decentralized finance, NFT marketplaces, and the entire cryptocurrency market into a single terminal powered by a sleek and intuitive interface that can access any asset in just three clicks.

Users that choose ARC to store and manage their digital assets will be rewarded with a composable singular interface without the burdens of KYC. ARC is working to aggregate all ERC-20 wallets, DeFi lending protocols, NFT marketplaces, along with centralized and decentralized exchanges to unify them under one platform.

To find out more about ARC or to connect with us, please visit:

Website | Twitter | Discord | Telegram

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