Coinbase and Chainlink Bring Order Book and Derivatives Data On-Chain to Expand DeFi Application Scenarios

SmartContractAuditor · 2026-03-25T14:11:35+00:00

Coinbase pushes exchange market data on-chain for the first time through Chainlink DataLink services, covering order book, futures, and derivatives data, aimed at supporting application innovation in DeFi and traditional finance, and enhancing data security and reliability of on-chain finance.

SmartContractAuditor

2026-03-25 14:11:35

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Odaily Planet Daily reports that Coinbase announced the integration of Chainlink DataLink services, marking the first time its exchange market data is directly pushed on-chain, including order books and derivatives data such as futures and perpetual contracts. This integration covers data streams from Coinbase International Exchange and Coinbase Derivatives Exchange, enabling on-chain protocols and applications to access and verify various market information in real-time, including perpetual contracts, stocks, and commodities.

Coinbase stated that this move not only helps monetize its core market data resources and advance its “All-in-One Exchange” and comprehensive prime broker strategies but also provides institutional-grade benchmark data for DeFi and traditional finance developers, supporting innovation in derivatives, tokenized assets, and other applications. Chainlink noted that this partnership is expected to offer a more secure and reliable data infrastructure for on-chain finance, promoting the development of the next-generation financial system. (The Block)

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