Chainlink's low-latency oracles will integrate with the decentralized exchange GMX, following a successful governance proposal that sought to provide more real-time market data to GMX v2. The new oracles will improve upon the functionality of perpetual DEXs and price-sensitive trading on GMX, as well as strengthen security and improve user experience. The oracles utilize the same oracle node operators and data aggregation mechanisms used in existing Chainlink reference feeds, but extract data at a higher frequency. In return for the service, Chainlink will receive 1.2% of protocol fees generated by the low-latency oracles from the GMX protocol. GMX currently has a combined total value locked of $669 million on the Avalanche and Arbitrum networks. (Cointelegraph)