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Home » Technology » Base Welcomes Secure Gold Trades via Chainlink and SynFutures
Technology

Base Welcomes Secure Gold Trades via Chainlink and SynFutures

Crypto Observer StaffBy Crypto Observer StaffJune 29, 2025No Comments3 Mins Read
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  • SynFutures integrated the Chainlink Data Standard to ensure tamper-proof pricing in its new perpetual gold market on Base.
  • Chainlink’s cross-chain solutions now support over 46 blockchains and were recently adopted by WEMIX and Plume Network.

Not many platforms dare to directly target the gold market in the DeFi space. But SynFutures has chosen this path, by collaborating with Chainlink to ensure that all gold price data (XAU) used is truly secure and free from manipulation.

This collaboration was announced along with the launch of the XAU perpetual market on the Base network—which means users can now trade gold like derivative contracts without the need for traditional financial institutions.

SynFutures (@SynFuturesDefi)—a leading decentralized perpetual exchange with $67B+ in quarterly trading volume—has adopted the Chainlink data standard on @base.

Chainlink supports Synfuture’s newly listed XAU market with highly secure, tamper-proof market data. pic.twitter.com/plH3Hbapqd

— Chainlink (@chainlink) June 28, 2025

SynFutures Takes Reliability Seriously with Chainlink Integration

But it’s not just about adding to the list of markets. This step is even more interesting because SynFutures directly adopted the Chainlink Data Standard, a system that has long been known as a reference for reliable price data in the crypto ecosystem.

That way, the gold price on this platform doesn’t just appear—it is actually taken from a trusted source that is resistant to external interference, system errors, and even malicious manipulation.

Furthermore, Chainlink stated that this integration allows gold market data on SynFutures to remain consistent and transparent.

That is crucial, especially for perpetual contracts whose margins can be thin and very sensitive to the slightest price changes. Failure to get accurate data can lead to a losing position or even liquidation. In this context, the presence of a strong oracle is not just a feature—it is a primary need.

A Cross-Chain Partner That’s Getting Hard to Ignore

On the other hand, CNF recently reported that Chainlink has again recorded an interesting achievement. Blockchain analytics platform Santiment ranked Chainlink as the most active DeFi project based on development momentum.

Their development activity score reached 363.73—a sign of how busy Chainlink developers have been in the last 30 days. GitHub commits and code contributions are key indicators, and it seems that Chainlink is indeed continuing to add features and expand its reach.

One of the most obvious examples? Just look at how the WEMIX blockchain platform recently chose Chainlink as its main partner for cross-chain matters. They even made CCIP (Cross-Chain Interoperability Protocol) the only solution used for asset transfers.

As a result, users can send USDC stablecoins directly from Ethereum to WEMIX 3.0 without the wrapping process. Everything is automatic and done immediately, without the need for intermediaries.

Not only that, on June 18, we also highlighted Chainlink’s role in the integration with Plume Network. Chainlink’s CCIP allows Plume users to connect to over 46 blockchains simultaneously, via cross-chain messaging and asset transfers protected by built-in anti-fraud systems. If you’re looking for a concrete example of security and trust, this is probably one of the most obvious.

Interestingly, all of these developments came relatively close together. While many projects are busy promoting themselves, Chainlink continues to build a strong foundation and spread its influence across the global DeFi ecosystem. Including now through its new collaboration with SynFutures.

Meanwhile, as of press time, LINK is changing hands at about $13.42, up 2.14% over the last 24 hours, driving its market cap to surpass the $9 billion mark.



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