🤖JOJO is Integrating Chainlink Data Streams to Power Its Silicon-Based AI Exchange
Last updated
Last updated
We’re excited to announce that JOJO—a decentralized perpetual trading platform—is integrating Chainlink Data Streams on Base mainnet to power its Silicon-Based AI trading exchange.
“We’re excited to see JOJO integrating Chainlink Data Streams into their Silicon-Based AI exchange and look forward to seeing the impact it has on the broader DeFi ecosystem.”—Michael Mendes, Strategic Data Lead at Chainlink Labs
We chose Chainlink Data Streams as our preferred low-latency oracle solution because they supply premium high-frequency market data using proven Chainlink infrastructure. Not only does Data Streams deliver unmatched functionality—with advanced features such as liquidity-weighted bid-ask spreads and sub-second execution speed—but it does so without compromising on transparency and decentralization.
JOJO is positioned to refine the DeFi landscape by transitioning from a human-controlled decentralized exchange to an AI-driven trading platform. The exchange will enable AI to autonomously manage all aspects of trading, development, and customer service, while ensuring decentralization and increased efficiency. This shift delivers significant cost reductions and a personalized experience, with dedicated AI customer managers providing seamless support. Users can delegate trading to transparent AI agents that act in their best interests, enhancing trust and accountability.
In order to help secure our AI-driven exchange, we needed on-demand access to high-frequency market data backed by decentralized and transparent infrastructure. After reviewing various solutions, we’re integrating Chainlink Data Streams because they support a multitude of critical features such as:
Sub-second price latency: Chainlink Data Streams provide sub-second data delivery using battle-tested oracle infrastructure, enabling a highly performant user experience without compromising on Web3 values such as decentralization and transparency.
High data accuracy: Data Streams provides reliable low-latency pricing data with high accuracy to benchmark exchanges, bolstering user confidence and protocol performance.
Liquidity-weighted bid-ask spreads: With Data Streams, protocols receive access to a growing array of data beyond a single data point. Data Streams provide users with liquidity-weighted bid-ask spreads that enable protocols to update their risk management parameters, resulting in a more accurate reflection of market liquidity.
Time-tested infrastructure and high uptime: Built on the Chainlink platform with proven security, hyper-reliability, and high-quality data that’s been operating in production for years, helping to enable $16+ trillion dollars in onchain transaction volume for leading DeFi applications, Data Streams can deliver strong availability and uptime guarantees.
Through Data Streams, we can ensure that our AI features can efficiently operate with the most accurate and up-to-date market information. This will enable the AI to make swift, data-driven decisions, optimize performance, and adapt to changing market conditions, providing a high-quality experience for our users.
“Integrating Chainlink Data Streams into our Silicon-Based AI exchange is an obvious step for us to take. Data Streams’ delivery of highly secure, real-time market data with liquidity weighted bids and asks significantly enhances the capabilities of our trading platform.”—Lei Mingda, Co-Founder, JOJO
About Chainlink
Chainlink is the universal platform for pioneering the future of global markets onchain. Chainlink has enabled over $16 trillion in transaction value by providing financial institutions, startups, and developers worldwide with access to real-world data, offchain computation, and secure cross-chain interoperability across any blockchain. Chainlink powers verifiable applications and high-integrity markets for banking, DeFi, global trade, gaming, and other major sectors.
Learn more about Chainlink by visiting chain.link or reading the developer documentation at docs.chain.link.
About JOJO
JOJO is pioneering AI-driven decentralized trading on Base, leading the perpetual DEX space by trading volume. With cutting-edge AI technology, JOJO enhances trading efficiency, automates market strategies, and minimizes human error. Traders can leverage up to 1000x and access one-click funding rate arbitrage opportunities. As JOJO continues to innovate, it aims to become a fully autonomous, AI-powered exchange, revolutionizing DeFi through its integration with Chainlink’s infrastructure. By offering low fees, support for LST/LRT collateral, and advanced trading tools, JOJO is committed to pushing the limits of AI and DeFi on Base.
