PANews reported on November 2 that according to the official blog, the oracle project Chainlink announced that it will launch a low-latency Oracle solution for the DeFi derivatives market. The solution is characterized by the evolution of architectural design, which precisely meets the unique requirements of derivatives dApps. It is expected that the testable version will be ready by the end of this year.

The architecture uses high-speed data providers combined with the Chainlink decentralized Oracle network to provide high-frequency pricing data to off-chain derivative dApps while still providing on-chain verification. Chainlink said the solution has the advantages of low latency, mitigation of front-running risks, and low gas costs.