Chainlink Acquires Atlas to Enhance DeFi Revenue via SVR Expansion

Chainlink has acquired the intellectual property and key personnel of Atlas from FastLane, enhancing its Smart Value Recapture (SVR) system.
The acquisition will expand SVR to networks like Arbitrum, Base, BNB Chain, Ethereum, and Hyperliquid's HyperEVM.
Atlas now exclusively supports Chainlink SVR, which aids DeFi lending platforms in profit recovery during loan liquidations.
Chainlink has processed over $460 million in liquidations, recovering over $10 million for integrated protocols. The recovered value is shared between DeFi protocols and the Chainlink Network.

Chainlink SVR uses a dual-path system

Chainlink SVR uses a dual-path system allowing searchers to bid for liquidation rights while providing verified pricing to lending protocols.
DeFi platforms like Aave and Compound have adopted SVR, contributing to Chainlink securing around 70% of the DeFi market by value.
Chainlink's acquisition accelerates SVR deployment, with FastLane continuing as a strategic partner.
Chainlink competes with API3 and Pyth Network in the oracle value recovery market.
LINK has experienced steady whale accumulation despite market pullbacks, with analysts anticipating higher upside as conditions stabilize.