Chainlink Labs has launched 24/5 U.S. Equities Streams, offering real-time data for equities and ETFs, accessible on over 40 blockchains, enabling 24/5 trading for DeFi applications.
This initiative bridges traditional finance with blockchain, supporting DeFi's growth by facilitating tokenized financial products trading beyond standard market hours, impacting products like perps and synthetics.
Chainlink Labs has introduced real-time 24/5 U.S. equities data streams for DeFi applications, available on over 40 blockchains.
This launch marks a pivotal step in merging DeFi with traditional finance, enabling innovative financial products.
Chainlink Offers 24/5 U.S. Equities to Over 40 Blockchains
Chainlink Labs has introduced 24/5 U.S. Equities Streams, expanding its Data Streams to offer real-time equities data for DeFi platforms. This move positions tokenized financial markets directly on-chain. The initiative involves key participants such as BitMEX and GMX, employing fast, reliable data to support professional-grade DeFi products. Adoption spans more than 40 blockchains, marking a significant enhancement in DeFi infrastructure.
Real-Time Equities Enable 24/5 DeFi Trading Innovations
The integration of real-time equities data allows for 24/5 trading and risk management in DeFi contexts. This innovation facilitates broader financial instrument access beyond regular market hours, appealing to diverse industries. Financial markets gain unprecedented access to U.S. equities through DeFi products, potentially shifting the landscape of financial trading and lending, aligning blockchain technology with traditional financial systems.
"Chainlink Data Streams for equities and ETFs mark a major milestone in delivering decentralized, institutional-grade pricing infrastructure that’s foundational to expanding DeFi beyond crypto-native assets." - Jone Zee, GMX Communications
Chainlink Sets New Benchmark for DeFi Market Stability
Unlike prior initiatives, Chainlink's new data streams extend beyond crypto-native assets, offering decentralized, institutional-grade infrastructure. No previous DeFi offerings have aligned these markets with such comprehensive real-time data. Experts foresee that this move could significantly enhance DeFi market stability. Drawing from historical data, the availability of equities on-chain could transform how financial products are structured and accessed.