Cobo Argus integrates Chainlink Price Feeds, allowing users to instantly withdraw funds when tokens decouple

ChainCatcher news, Cobo's institutional-grade DeFi investment management platform Cobo Argus has integrated Chainlink Price Feeds on the Arbitrum mainnet. Through this integration, Cobo Argus accesses reliable and tamper-proof price information provided by the decentralized oracle network Chainlink, enabling users to instantly withdraw funds when tokens decouple, preventing losses due to price fluctuations. In the GMX protocol supported by Cobo Argus, the withdrawal bot obtains real-time highly reliable prices through Chainlink, such as DAI, FRAX, USDC, USDT, and WBTC. Once a decoupling occurs, the bot will automatically execute token swaps or predefined on-chain operations to avoid fund losses. Cobo Argus is built on Safe{Wallet}, providing role-based on-chain access control, fine-grained risk management at the functional and parameter levels, and supporting advanced features with DeFi bots.