Coinbase has integrated Chainlink's DataLink service to publish its premium exchange data onchain for the first time, the companies announced on Tuesday.
DataLink is an institutional-grade data publishing service powered by the Chainlink data standard. Through the integration, DeFi protocols can now access a range of Coinbase's datasets directly onchain, including order book data, spot prices, perpetual futures data from Coinbase International Exchange, e-mini futures data, and additional datasets spanning crypto, metals, energy, and equity futures via Coinbase Derivatives Exchange.
The data is designed to power more accurate pricing, stronger risk management, and new onchain market types, from derivatives and perpetuals to tokenized real-world assets, structured products, and next-generation lending protocol risk engines.
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