LBank Integrates Chainlink Data Streams for High-Speed Prediction Markets
LBank, a cryptocurrency exchange with over 25 million registered users worldwide, has integrated Chainlink Data Streams to enhance its prediction market infrastructure. This integration enables faster and more secure data delivery, allowing short-term Bitcoin (BTC) and Ethereum (ETH) contracts on LBank Predict to settle within minutes instead of hours.
Johann Eid, Chief Business Officer at Chainlink Labs, emphasized the importance of reliable data for global prediction markets, stating that it is 'essential' for scale. He noted that Chainlink supplies the speed and security needed to support prediction markets at a large user base.
The integration positions LBank Predict among exchanges adopting decentralized data infrastructure for prediction markets. As demand for real-time market access continues to grow, this type of oracle-backed system may become a common feature across similar trading platforms industry-wide.