Coinbase Pushes Exchange Market Data Onchain Using Chainlink DataLink

Coinbase has begun pushing its exchange market data directly onchain using Chainlink’s DataLink bridge, marking the first time its order book and derivatives information will be streamed to blockchain based applications. The integration enables onchain protocols to access trading data from Coinbase International Exchange and Coinbase Derivatives Exchange, including futures, perpetual contracts, equities, and commodities feeds.

Expanding Onchain Use Cases for DeFi and Tokenized Assets

The move is expected to support new onchain financial products by providing verified institutional grade benchmarks. Coinbase Markets Vice President Liz Martin said the data feeds will help developers build stronger applications across derivatives and tokenized assets. Johann Eid added that secure data infrastructure is essential for the future of programmable financial markets.

Growing Institutional Adoption of DataLink Infrastructure

DataLink, launched by Chainlink in late 2025, is also used by S&P Global and FTSE Russell to deliver market data onchain. Chainlink reports securing nearly $100 billion in DeFi total value locked and facilitating more than $25 trillion in onchain transactions, reinforcing its role in connecting traditional finance with blockchain systems.

Disclaimer

This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.