Chainlink Labs has acquired Atlas from FastLane and onboarded key Atlas personnel, as announced jointly on Thursday. The deal brings Atlas intellectual property and its development team under the Chainlink umbrella.
Atlas was built to help DeFi protocols recapture value from on-chain activity. It does this by running application-specific order flow auctions, including auctions tied to liquidation execution. Some of the popular protocols that use Atlas include Compound and Venus.
Following the acquisition, Atlas will exclusively support Chainlink SVR. The oracle network also stated that it will provide a streamlined migration path for existing Atlas users. This includes users moving from the deprecated Atlas RedStone deployment.
Most recently, we covered USDD’s integration of Chainlink Price Feeds across Ethereum, BNB Chain, and Tron to standardize on-chain pricing data. Chainlink said USDD pricing is now exclusively powered by its Price Feeds, giving DeFi apps the same data standard across the three networks.
Chainlink said Atlas’s production-tested order flow infrastructure has been integrated into Chainlink SVR to accelerate multi-chain expansion. It was previously live on Arbitrum, Base, BNB Chain, Ethereum, and HyperEVM, with additional networks expected over time.
Chainlink SVR is designed to let DeFi applications recapture Maximal Extractable Value (MEV) generated from the use of Chainlink Price Feeds. Chainlink refers to this category as Oracle Extractable Value, or OEV. It is commonly associated with liquidation flows in overcollateralized lending markets.
Chief Business Officer at Chainlink Labs, Johann Eid, stated:
The announcement noted that SVR is built for back-running liquidations. It is not designed for frontrunning or sandwich attacks. This is a way to separate liquidation-related value recapture from toxic MEV behaviors.
Moreover, SVR has been adopted by DeFi protocols, including Aave and Compound. The blog also reported that SVR has processed more than $460 million in liquidations and recaptured more than $10 million in OEV. The recaptured value creates an additional revenue stream for integrated protocols, alongside a revenue-share split that supports the Chainlink Network.
FastLane will continue to operate independently after the transaction. The companies said FastLane will remain a strategic partner, supporting Atlas-related operations and helping drive adoption of Chainlink SVR among existing users.
This latest acquisition comes just a day after CNF reported that Chainlink is positioning itself as an end-to-end interoperability standard for tokenized asset workflows.
Chainlink price was $12.20 at the time of writing, with a market capitalization of $8.71 billion and a 24-hour trading volume of $284 million.
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