TRON Partners with Chainlink to Secure $6.5 Billion in DeFi TVL

Oct 31, 2024, 10:21 AM

TRON DAO has announced its partnership with Chainlink, adopting Chainlink Data Feeds as its official oracle solution. This collaboration, revealed at SmartCon 2024 by TRON founder Justin Sun, will see TRON joining Chainlink's SCALE program. The integration will secure over $6.5 billion in total value locked (TVL) within TRON's DeFi ecosystem, including applications like JustLend and JustStable. The move will replace TRON's reliance on WINkLink for securing and stabilizing pricing data. The partnership aims to enhance the security and efficiency of TRON's $60 billion in stablecoins and real-world assets (RWA). TRON's Justin Sun and Chainlink's Sergey Nazarov connected at the Chainlink booth after the announcement.