Chainlink has acquired Atlas, the onchain order stream infrastructure developed by FastLane, as a part of its effort to increase its oracle-based Maximal Extractable Worth (MEV) recapture protocol, Chainlink SVR.
The deal contains Atlas mental property and core personnel. Current Atlas customers will migrate to SVR, together with these on the deprecated RedStone deployment.
The combination brings Atlas’s production-tested liquidation public sale expertise into Chainlink SVR. DeFi protocols together with Compound and Venus already use Atlas.
The SVR protocol targets Oracle Extractable Worth (OEV), enabling lending protocols to reclaim MEV from liquidations utilizing Chainlink Value Feeds. The system is now dwell on Arbitrum, Base, BNB Chain, Ethereum, and HyperEVM, with extra blockchains to comply with.
SVR has recaptured over $10 million in OEV throughout $460 million in liquidations, benefiting protocols like Aave and Compound whereas sharing revenues with the Chainlink Community.
FastLane cited Chainlink’s scale and safety as causes for handing over stewardship of Atlas, which Chainlink will proceed to develop and deploy throughout supported chains.
Johann Eid, Chief Enterprise Officer at Chainlink Labs, stated the transfer would create “the best worth recapture system DeFi has ever had.”
FastLane CEO Alex Watts added that the combination provides DeFi protocols “essentially the most credible path to recapture worth onchain at scale.”
Atlas will proceed to function independently underneath FastLane however now serves as a strategic accomplice to Chainlink, accelerating SVR onboarding throughout protocols and ecosystems.
