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Guavy AI Editorial TeamSentiment: 4Clout: 92

Coinbase Integrates Chainlink to Bring Premium Exchange Data Onchain

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Coinbase, a leading digital asset exchange, has made significant strides in integrating Chainlink's DataLink service to bring its premium exchange data onchain. This integration marks a major milestone in DeFi market infrastructure, enabling high-quality exchange data to be accessed directly onchain.

According to the press release, this move enables developers to build more robust onchain applications across derivatives, tokenized assets, and other products. The integration of Chainlink's DataLink service provides institutional-grade data publishing capabilities, abstracting complexities around data delivery, decentralization, security, and reliability.

Coinbase has made its exchange market data available through DataLink, including order book data, spot prices, perpetual futures data, E-mini futures data, and additional datasets spanning crypto, metals, energy, and equity futures via Coinbase Derivatives Exchange.