handle.fi

As the FX market in DeFi matures, we are likely to see a similar trajectory of composibility and fluidity which we now see on US dollar products.

The possibilities are endless, and a well developed FX market will undoubtedly be counted as critical DeFi infrastructure sooner rather than later.

Handle.fi is well positioned to deliver this; becoming a one stop shop for all of DeFi’s FX needs, offering synthetic spot, leveraged and derivative products for the world’s most popular non-USD currencies

Join us on our journey to build the global defi FX protocol.

The global DeFi FX protocol, handle.fi, is excited to announce it has integrated Chainlink Price Feeds on the Arbitrum One network, an Ethereum layer 2 scaling solution. By integrating the industry-leading Chainlink decentralized oracle network, the handle.fi protocol has access to high-quality, tamper-proof price feeds needed to maintain accurate stablecoin and FX pricing. This integration provides protocol users with stronger assurance that they are receiving the most up-to-date, accurate price references when creating and exchanging multi-currency stablecoins.

initial integration involves the use of Chainlink Price Feeds for the following Forex currencies: CNY, KRW, EUR, PHP, and AUD.

Chainlink was chosen as the go-to oracle solution because its infrastructure is seamless to integrate and time-tested in production. Chainlink already helps secure leading DeFi protocols responsible for tens of billions of dollars in smart contract value, maintaining robust security and high availability even amidst unexpected events, such as exchange downtime, flash crashes, and data manipulation attacks via flash loans.