ChainLink powers Kamino Finance using real-time data streams

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5 Min Read

Fireplace finances I have it announcement Successful integration of ChainLink Data Stream On that Oracle system. This upgrade is an important milestone in Solana-based protocols, aimed at increasing data reliability, ensuring robustness of the protocol, and reducing user risk.

1/I’m very excited to announce that Kamino has integrated the @ChainLink standard for verifiable data

This marks a huge milestone in our mission to maximize the robustness of our protocol and ensure the safety of our users https://t.co/kv92ttf1mw

– Fireplace (@kaminofinance) April 28, 2025

Improve data reliability with ChainLink

Fireplace finances Emphasised The integration ChainLink Data Stream It is part of a systematic effort to eliminate weaknesses within the technology stack. By embedding ChainLink’s ultra-reliable data feed, Kamino aims to ensure that users receive accurate pricing in real time without interruption.

According to Kamino, integration was not in a hurry. The chain link data stream was run over a period of a full rollout in Camino’s mainnet test environment. During this period, ChainLink’s performance was measured against Kamino’s existing price supply. The results consistently showed stronger reliability and fresh data, giving Camino confidence to move forward.

Kamino Finance emphasized building its resilience defi The protocol requires “removing a single point of failure at all levels.” Also, ChainLink naturally fits this goal with a reputation for reliability.

Norting’s worth Kamino is Solana’s leading Defi Lending protocol $2.3 billion The total value is locked

Kamino’s Multiprice Oracle System Release

In addition to the ChainLink integration, Kamino has introduced a major upgrade to Oracle Architecture. Multiprice Oracle System.

The system aggregates pricing data from multiple high-quality Oracle sources, including ChainLink, and continuously deletes the data in real time. Rather than relying on a single source of pricing information, Kamino’s system dynamically selects the freshest and most accurate prices available.

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Here’s why this change is important:

  • Redundancy: If one data provider fails or is delayed, another data provider can take over immediately.
  • Accuracy: Prices are validated against multiple sources to reduce errors.
  • Resilience: This system can “self-heal” during downtime or extreme market volatility.

Kamino reported that it was strictly audited by two trusted security companies in the blockchain sector, Certora and Offside Labs, prior to its deployment.

The integration of ChainLink Data Streams reduces the likelihood of price-supply operations or downtime, which have historically plagued the Defi protocol. Multiprice Oracle systems, on the other hand, ensure that users are protected from Oracle failures and provide a double layer of security.

Recent ChainLink Updates

Camino’s movement is another sign ChainLink’s growing influence The entire blockchain industry. Just a few weeks ago Hedera Network Also IntegrationChainLink’s Cross-Chain Interoperability Protocol (CCIP)Unlocks seamless communication with over 46 other blockchains.

The launch of CCIP at Hedera is considered a turning point, helping Hedera-based applications work beyond the native chain. Through CCIP, developers can now trigger smart contracts, forward tokens, and send messages across multiple blockchains safely. This greatly expands liquidity access and strengthens Hedera’s position in the Decentralized Finance (DEFI) space.

One of the most innovative features of CCIP is Cross Chain Token (CCT) standard. CCT allows developers to create tokens that remain interoperable across supported blockchains without compromising ownership or security. By integrating these tools, ecosystems like Hedera and Kamino not only strengthen their platforms, they are preparing for a multi-chain future.

Another major project, Free capitalwhich enables integrated Chainlink CCIP and backup proofs and tokenization of actual assets such as hedge funds and private credit products. Libre currently issues tokenized funds backed by real-time verification data with net asset value (NAV) tracked using ChainLink’s Navlink.

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for example, ChainLink’s new Payment Abstraction The system currently resides in Ethereum allows users to pay for the ChainLink service with a variety of tokens, as well as links. This upgrade simplifies the developer’s payment process and automatically converts user payments to links via decentralized exchanges such as UNISWAP. This is a major move to improve the overall user experience of blockchain applications.

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