TRON Partners With Chainlink, Here’s What To Know

TRON has joined Chainlink SCALE, with Chainlink Data Feeds now set to become the official oracle for the foundation.
By Teuta Franjkovic

Highlights

  • TRON DAO partners with Chainlink.
  • Chainlink's industry-leading oracles will secure over $6.5 billion in total value locked (TVL) within TRON's DeFi ecosystem.
  • The partnership aims to accelerate the growth and adoption of DeFi on the TRON network.

Justin Sun, founder of TRON, announced that his company has joined Chainlink SCALE, with Chainlink Data Feeds now set to become the official oracle for the foundation.

This strategic upgrade will enhance the security of over $6.5 billion in DeFi total value locked (TVL) on this blockchain platform through Chainlink’s trusted infrastructure, while also creating new opportunities for it’s extensive $60 billion ecosystem of stablecoins and real-world assets.

Advertisement
Advertisement

TRON DAO Integrates Chainlink Data Feeds, Ditches WINkLink

Today, TRON DAO, the decentralized autonomous organization leading the organization’s mission in decentralizing the internet via blockchain and dApps, announced a strategic partnership with Chainlink, the leading decentralized computing platform. The TRX price jumped over 1.05% after the announcement.

The platform’s founder, Justin Sun explained that as part of the collaboration, Chainlink Data Feeds will act as the official oracle service provider on the DAO’s blockchain ecosystem as part of it’s commitment to the Chainlink SCALE program.

According to the official report, this means that the foundation will no longer support WINkLink as the oracle solution of the network, and it’s DeFi landscape-which includes big applications such as JustLend and JustStable with more than $6.5 billion in total value locked-are transitioning to Chainlink for secure and precise pricing data.

As one of the world’s biggest DeFi networks, this decentralized autonomous organization now seeks to further accelerate ecosystem expansion with Chainlink SCALE by providing more reliable and high-quality Oracle solutions.

Sun also recently said that Tron memecoins are ready for a new cycle of growth, supported by continuous development and a high degree of community involvement in the Tron network.

He feels that if TRX can break above its previous peak, a wave of FOMO might be created to propel attention and investment toward meme coins on Tron.

Advertisement
Advertisement

Building the Next Wave of DeFi Applications

In the SCALE program, TRON will cover partial costs of using the Chainlink network in the early stage, such as gas fees for Oracle services. Over time, the ecosystem will migrate to a model where the user fees from dApps pay those costs.

Thodoris Karakostas, head of blockchain partnerships at Chainlink Labs, felt excited about the collaboration and said that said that this partnership and adopting Chainlink Data Feeds will fortify the foundational layer of the foundation’s DeFi economy.

“With dependable, decentralized on-chain market data, Chainlink empowers TRON developers to build the next wave of DeFi applications, helping to shape the decentralized internet.”

Similarly, Sam Elfarra, Community Spokesperson for TRON DAO, continued with the following explanation:

“By joining the Chainlink SCALE program, the platform is aiming to enable its DeFi economy with a wide range of developers harnessing the power of leading industry Chainlink data oracle. The security and reliability unrivaled by anyone made Chainlink the perfect choice as our official Oracle provider, saving us on that level and allowing us to put more effort into adopting blockchain by fostering growth in our ecosystem.”

Advertisement
Advertisement

Chainlink Now Securing TRON’s DeFi Ecosystem

Chainlink became the standard for Oracle solutions. It has secured over $16 trillion in transaction value and delivered more than 15 billion verified messages across multiple blockchain networks. This includes Ethereum, Solana, BNB Smart Chain, Avalanche, and others.

Its Data Feeds also support tens of billions in TVL for a wide variety of DeFi protocols. It also assures high security and availability even under extraordinary market stress and blockchain congestion.

The collaboration, according to the Sun, opens a new chapter to the the organization’s DeFi ecosystem that determines a secure and scalable path for the future of decentralized finance on the TRON Network.

Advertisement
Teuta Franjkovic
Teuta is a seasoned writer and editor with over 15 years of expertise in macroeconomics, technology, and the crypto and blockchain sectors. She began her career in 2005 as a lifestyle writer for *Cosmopolitan* before transitioning to business and economic reporting for renowned outlets like *Forbes* and *Bloomberg*. Inspired by thought leaders like Don and Alex Tapscott and Laura Shin, Teuta embraced blockchain's potential, viewing cryptocurrency as one of humanity's most transformative innovations. Since 2014, she has specialized in fintech, focusing on crypto, blockchain, NFTs, and Web3. Known for her strong collaboration and communication skills, Teuta also holds dual MAs in Political Science and Law.
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.