#What is Chainlink's Expansion in Market Data?
Chainlink has introduced 24/5 U.S. Equities Streams, a significant enhancement to its Data Streams product. This development will provide continuous, high-fidelity market data specifically for U.S. equities and exchange-traded funds (ETFs) throughout all major trading sessions.
The new capabilities leverage Chainlink’s Data Standard, which has facilitated transactions exceeding $27 trillion. This innovation bridges the gap between constant blockchain operations and the traditional, time-constrained nature of equity markets, resolving a significant challenge for scalable on-chain equity and real-world asset (RWA) initiatives.
#What Data Does Chainlink Provide?
The streams not only include basic price feeds but also a comprehensive dataset. This dataset consists of bid-ask spreads, trade volumes, market-status flags, and freshness indicators, which are all critical for market analysis. With this array of data at their fingertips, developers can create more precise pricing models, refine liquidation strategies, and mitigate risks associated with on-chain equity products.
#How Does This Impact Capital Markets?
Access to continuous market data represents a landmark advancement towards efficient and global capital markets. The Chief Business Officer at Chainlink Labs emphasized that builders and institutions can now utilize uninterrupted equities and ETF data, signaling a major shift in the operational landscape of equity markets.
The solution has already been adopted by over 40 blockchains and is gaining traction among leading trading platforms such as BitMEX and Lighter, where it fuels perpetual trading operations, lending markets, and other RWA products.
#Who are the Early Adopters of This Technology?
Other notable platforms embracing Chainlink’s new offering include ApeX, HelloTrade, Decibel, Monaco, Opinion Labs, and Orderly Network. Lighter’s CEO underscored that their integration of Chainlink enables consistent, low-latency trading outside typical market hours, preserving data quality and integrity.
Leadership at BitMEX also highlighted that in derivatives markets, maintaining security and data integrity is paramount. They view Chainlink's 24/5 U.S. Equities Streams as essential to developing a robust 24/7 infrastructure for equity derivatives, ensuring accurate pricing information is consistently available beyond regular trading hours.