Share this article
The Founders of Synthetix and Chainlink on DeFi, Derivatives and 25 New Decentralized Price Feeds
Yesterday Chainlink released price reference data for 25 of its decentralized oracle networks which, together, power more than $100m in DeFi.
Updated Sep 13, 2021, 12:14 p.m. Published Jan 31, 2020, 6:00 p.m.
Yesterday, Chainlink released price reference data for 25 of its decentralized oracle networks that together power more than $100 million in DeFi.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
For early access to new episodes, subscribe today via Apple Podcasts, Google Podcasts, Spotify or your preferred platform.
On this special interview episode, @nlw talks with Sergey Nazarov and Kain Warwick, the founders of Chainlink and Synthetix, respectively, about:
- The evolution and goals of Synthetix, a novel type of derivatives exchange where users can interact with any asset with a price feed
- The challenge Synthetix faced around spinning up their own oracles around price feeds
- The history of their collaboration and how Synthetix came to work with Chainlink
- Chainlink's approach to building decentralized oracles for data such as price feeds
- Chainlink’s announcement yesterday about the new published price reference data for 25 oracle networks
- The state of the idea of decentralization, and how what was previously a concept is becoming operationalized
- One thing that gives them pause or scares them about DeFi and crypto and one thing that makes them excited for the future
To see Chainlink’s newly released decentralized price feeds, visit: feeds.chain.link
Find past episodes of The Breakdown on CoinDesk. For early access to new episodes, subscribe today via Apple Podcasts, Google Podcasts, Spotify or your preferred platform.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
XRP Faces Downside Risk as Social Sentiment Turns Wildly Negative
The turn in crowd mood comes after a two-month slide of roughly 31%, leaving the token vulnerable to further downside if risk appetite weakens across majors.
What to know:
- XRP's price approached the $2 mark as social sentiment around the token turned sharply negative, according to Santiment data.
- The token has experienced a 31% decline over two months, making it vulnerable to further losses if market risk appetite weakens.
- Santiment's sentiment model indicates XRP is in a 'fear zone,' where negative commentary significantly outweighs positive talk, potentially influencing market positioning.
Top Stories
