Alpaca Finance Integrates Chainlink Oracles to Drive TVL Growt | Top DeFi

Alpaca Finance Integrates Chainlink Oracles to Drive TVL Growth

DeFi's fast-growing TVL requires more security from decentralized oracle networks (DONs), which lay the foundation for the entire DeFi ecosystem. Chainlink's oracle integration allows DeFi platforms to protect their customers' assets and create better hybrid smart contracts that create more value for users.

Alpaca Finance (ALPACA), the leading Binance Smart Chain (BSC) lending platform, announced today that it is integrating Chainlink pricing data (LINK) to enhance the security of its growing $1.2 billion TVL. Chainlink, which provides tens of billions of dollars in TVL through DeFi, will serve as the primary oracle solution for Alpaca Finance, allowing users to earn the highest possible APY with the highest possible security.