Coinbase Integrates Chainlink to Bring Premium Data Onchain

Coinbase has made a significant move in the world of decentralized finance (DeFi) by integrating Chainlink's DataLink service. This integration allows Coinbase to bring its premium exchange data onchain, providing DeFi developers and protocol builders with access to high-quality market data.

The DataLink service is an institutional-grade publishing service built on the Chainlink data standard. By adopting this standard, Coinbase joins a growing list of institutions that trust Chainlink for their data delivery needs. This includes major players like S&P Global Ratings and Deutsche Börse.

With this integration, DeFi protocols can now tap into a wide range of Coinbase's premium datasets, including order book data, spot prices, perpetual futures data, and E-mini futures data. Developers can also access datasets covering crypto, metals, energy, and equity futures through Coinbase Derivatives Exchange.