
LYS Labs Unveils Solana Engine, Partners with Chainlink
- LYS Labs launches Solana trading engine, partners with Chainlink.
- LYS Flash engine supports rapid transaction settlement.
- Enhanced data infrastructure boosts Solana blockchain automation.
LYS Labs has launched its Solana trading engine, LYS Flash, in partnership with Chainlink, enhancing Solana blockchain’s data infrastructure and automation, as announced recently.
The collaboration aims to boost Solana’s DEX activity and market efficiency, possibly influencing Solana and Chainlink-related assets positively in the market.
LYS Labs has announced the launch of its Solana trading engine, LYS Flash, and a strategic partnership with Chainlink. This marks a pivotal moment for data infrastructure improvements on the Solana blockchain.
Led by Marian Oancea and Andra Nicolau, LYS Labs aims to improve Solana data usability. Oancea highlighted the fast transaction capabilities of LYS Flash, which can execute transactions within 36ms.
This partnership directly supports Solana’s blockchain advancements and highlights an enhanced automation framework. Solana’s native token, along with Chainlink’s oracle services, is expected to benefit significantly.
Significant seed funding from Alchemy Ventures and others emphasizes institutional confidence in LYS Labs. Active user base and extensive data processing numbers indicate broad impact.
Industry analysts predict increased Solana DEX volume due to the low-latency access LYS Labs offers. Meanwhile, the collaboration may set a benchmark for other blockchain partnerships seeking to combine high-speed execution and data efficiency.
The integration roadmap includes phases to expand DEX support and automate workflows, ensuring suboptimal fill avoidance and protection against malicious activities. This positions LYS Labs strategically in the fintech infrastructure domain.
“We are very lucky to have such a great and supportive team at Chainlink Labs helping us accelerate our vision. We’ve only joined a few weeks ago, and we are already seeing massive value added through our collaboration with them. We have an exciting integration roadmap ahead and believe our synergies can change the game for their Solana efforts.” — Andra Nicolau, Co-founder, LYS Labs