Monad To Integrate ChainLink Oracle Services – What it Means

Monad integration of Chainlink oracle services will provide developers access to Data Feeds, Data Streams, Cross Chain Interoperability.

Published by

Sneha Agrawal

April 23, 2025

Partnership Monad To Integrate ChainLink Oracle Services – What it Means

Moand Chain:- Blockchains can’t access real-world data on their own. They require oracle services to securely feed off-chain data into on-chain environments.

Oracle are crucial for smart contracts and DeFi. Accurate, tamper-proof price data becomes useful for usecases such as lending, borrowing, trading, and derivatives.

Gauging this importance, Monad – the Dragonfly and Paradigm backed EVM-compatible Layer-1 chain – has announced a major partnership with ChainLink.

Since launching its public testnet on Feb 19, it has shaken up the crypto world with the promising throughput of 10,000 transactions per second.

Now, in an announcement on April 22, it has revealed integrating oracle network, Chainlik services from Day 1.

This integration is part of Monad’s membership in the Chainlink Scale program. The program is designed to accelerate growth for Layer-1 and Layer-2 networks by providing enhanced access to Chainlink’s Web3 services.

This becomes important as the layer-1 blockchain Moand eyes its mainnet launch soon. Last week on April 15, Monad also announced enabling Circle USDC and its wallet on its mainnet.

What Integrating Chainlink Services Mean for Developers

Monad will integrate Chainlink’s full suite of decentralized oracle services when its mainnet goes live.

According to Monad X Post, this means that developers will be able to access Chainlink Data Feeds, Data Streams, and the Cross-Chain Interoperability Protocol (CCIP).

Chainlink’s Data Feeds will allow Monad developers to retrieve accurate and decentralized price feeds for assets – e.g., crypto prices, commodities, forex rates. This will help developers in critical use cases of decentralized finance (DeFi) like lending platforms, automated market makers, and derivatives protocols.

This integration will also bring Chainlink’s Data Streams – a pull-based oracle solution. This will offer low-latency, cost-efficient data delivery that mitigates front-running and miner extractable value (MEV) risks.

Meanwhile, CCIP will empower secure, programmable token transfers across blockchains. This will help in laying a foundation for genuinely interoperable decentralized applications.

Chainlink’s oracles have underpinned over $20 trillion in on-chain transaction volume, even during periods of extreme volatility and flash loan exploits. On Tuesday, a Coingape report revealed that worth $120 million LINK exited crypto exchanges over the past month. This suggests that investors are bullish on LINK at current price levels.

Chainlink Price

The move also aligns with a broader industry trend of Layer-1 chains. They are seeking to differentiate themselves through enterprise-grade oracle security and interoperability features.

Using Chainlink’s oracle, any application built on Monad will have immediate access to tamper-proof, real-time market data from day one.

When is Monad Mainnet Launch – Soon?

This announcement comes as the blockchain eyes its mainnet launch soon. Founded with a vision of high throughput and developer-friendly execution, Monad aims to support over 10,000 transactions per second.

This implies sub-second block times (0.5s), single-slot finality, and near-zero gas fees thanks to its parallel execution model.

The layer-1 chain is backed by a $244 million funding round led by Dragonfly and Paradigm last year. The network has rapidly built out an ecosystem of more than 50 applications, infrastructure providers, and integrations in its testnet phases

With its testnet already supporting wallets like Phantom, OKX, Uniswap Wallet, Backpack, USD Coin (USDC), this latest integration of Chainlink can serve as stimulus. These all services are slated to be available on day one of the mainnet launch as Monad positions itself as a developer-first platform.

While the exact mainnet launch date is still to be confirmed, the network had indicated it will go live in the first quarter of 2025.

Further, Monad’s decision to integrate Chainlink services also underscores a growing recognition for oracle infrastructure. Oracles and cross-chain interoperability are becoming essential pillars of a thriving Web3 ecosystem.

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About Author

With over four years of experience in covering and tracking the financial markets, Sneha Agrawal is a dedicated Crypto Journalist and Editor with passion for researching and writing the crypto pieces. She is currently leading the Brandtalk section, here at CoinGape. She likes to keep track of political, legal and financial happenings all around the world - without which she deems her day incomplete. Apart from her Journalistic endeavours, she is a solo traveler, museum goer, and a keen reader of books.