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Crypto.com Integrates Chainlink for DeFi Wallet

Crypto.com (CRO) has integrated decentralized oracle provider Chainlink (LINK) for its new DeFi service, according to a blog post published on September 14.

  • The integration will provide decentralized price feeds for Crypto.com’s DeFi wallet
  • Additionally, it will launch decentralized price reference data feeds for CRO/ETH first, before supporting CRO/USD on the Chainlink network 
  • The team has also said that is plans to deepen integration and participation in the DeFi ecosystem
  • Crypto.com launched a liquidity farming and yield farming feature called DeFi Swap on September 11, which lets users swap DeFi tokens and earn higher yields
  • The project is one of many entities that has ventured into DeFi; Binance has launched a centralized AMM, while Huobi formed the Global DeFi Alliance
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