Coinbase Publishes Billions in Trading Data Onchain via Chainlink DataLink
Coinbase has integrated Chainlink’s DataLink service to publish its premium order book, spot price, perpetual futures and equity futures data—underpinning billions in trading—directly onchain for the first time. This onchain access enables DeFi protocols to leverage institutional-grade exchange data for more accurate pricing, risk management and new derivative products.
1. Coinbase Integrates Chainlink DataLink
Coinbase has adopted Chainlink’s institutional-grade DataLink to publish its premium exchange data onchain. The integration secures order book feeds, spot and perpetual futures prices, and international e-mini futures through a decentralized oracle network.
2. Wide Range of Premium Datasets
DataLink provides onchain access to Coinbase’s order book data, spot prices, perpetual futures (including Coinbase International Exchange), e-mini futures and additional datasets across crypto, metals, energy and equity futures via Coinbase Derivatives Exchange.
3. DeFi Market Implications
Developers can integrate real-time institutional data for derivatives, tokenized assets, synthetic products and advanced lending risk engines. This capability supports more accurate pricing, robust risk management and the launch of new onchain financial products.