On August 5, the hybrid public blockchain project BOB (Build on Bitcoin) announced it has joined the Chainlink Scale program (Sustainable Chainlink Access for Layer 1 and 2 Enablement) launched by Chainlink, to drive ecosystem expansion and accelerate growth in the BTCFi industry.
As part of this initiative, the highly reliable, secure, and decentralized Chainlink Data Feeds are now live on the BOB network. Developers can leverage Chainlink’s institutional-grade data feed system to help jumpstart their projects. Through BOB’s participation in Chainlink Scale, both ecosystems will unlock new use cases. This will bring fresh momentum to the growth of BOB’s Bitcoin DeFi ecosystem.
The Chainlink Scale program provides essential infrastructure and special conditions for blockchain and Layer 2 development, offering developers low-cost, dependable Chainlink services to speed up ecosystem growth and long-term adoption of BOB. As part of the program, Chainlink oracle nodes supply the network with a wide array of Data Feeds—including asset classes ranging from price feeds to proof of reserves and other vital oracle services. Earlier this year, BOB announced it had integrated the Chainlink CCIP protocol as its native cross-chain infrastructure, in addition to supporting USDC and now Open USDT.
BOB is a next-generation hybrid public blockchain secured by Bitcoin’s foundational security architecture. It is a hybrid ZK Rollup based on Ethereum that safeguards all applications, assets, and transactions on the BOB network using billions of dollars’ worth of staked Bitcoin. This unique model combines the strengths of both Bitcoin and Ethereum, making BOB the ideal gateway for Bitcoin DeFi and enabling Bitcoin holders to earn yield with unmatched simplicity and security.
BOB selected Chainlink Data Feeds for several key strengths, including:
“We are thrilled to join Chainlink Scale and work with Chainlink to advance the BTCFi industry. We believe Bitcoin DeFi represents the greatest opportunity of the decade, and partnering with a top-tier ecosystem like Chainlink is key to unlocking the trillion-dollar potential of the Bitcoin yield market. By adopting Chainlink’s data standards and offering Chainlink-sourced data on BOB, developers can now build highly secure and reliable markets at a lower cost, fueling ecosystem growth and helping propel Bitcoin DeFi into the mainstream,” said Alexei Zamyatin, Co-Founder of BOB.
Johann Eid, Chief Business Officer at Chainlink Labs, stated: “BOB’s integration into Chainlink Scale and adoption of Chainlink standards is a significant milestone for developers building powerful on-chain applications and will help unlock the immense potential of BTCFi. By leveraging Chainlink’s infrastructure, BOB not only accelerates its own ecosystem’s growth but also helps advance the global shift toward blockchain-powered financial systems.”
BOB is the gateway to Bitcoin DeFi, empowering users to earn yield on Bitcoin through innovative and secure mechanisms. BOB’s innovative hybrid public chain model blends the strengths of Bitcoin and Ethereum, utilizing hybrid zero-knowledge proofs and billions of dollars in staked Bitcoin to protect the applications, assets, and transactions of the BOB Layer 1 DeFi ecosystem. Thanks to BitVM protocol support, users can access native BTC on BOB without wrapped BTC or custodians. Additionally, users can access multi-chain Bitcoin yield with one click; they can also swap BTC on any chain. BOB has received investment from leading firms such as Castle Island Ventures, Coinbase Ventures, Ledger Cathay Ventures, and IOSG.
Chainlink is a foundational component of the blockchain industry. It is recognized as the global standard for linking blockchains with real-world data, other blockchains, governments, and enterprise systems. Chainlink has powered trillions of dollars in transaction volume across the blockchain economy, enabling essential use cases in DeFi, banking, real-world assets (RWA), cross-chain applications, and more. Chainlink is trusted by major financial market infrastructures, institutions, and top DeFi protocols—including Swift, Euroclear, Mastercard, Fidelity International, UBS, ANZ, Aave, GMX, and Lido. Visit chain.link to learn more.