Chainlink now provides on-chain access to popular stocks and ETFs 24 hours a day, 5 days a week. This upgrade opens up numerous on-chain use cases such as trading and lending.
This move will integrate the $80 trillion US stock market onto blockchain. DeFi platforms now have secure access to US stock market data, including after-hours and night sessions.
The 24/7 US Stocks Stream extends the Chainlink data stream to provide fast and secure market data for US stocks and ETFs across all trading sessions.
Equity RWA is lagging on-chain
Despite the growth of Real World Assets (RWA), US stocks are undervalued on-chain.
Blockchain works non-stop. However, the U.S. stock market typically operates in fixed daily sessions from 9:30 a.m. to 4:00 p.m. ET on weekdays.
Most on-chain data solutions provide only one price point for a stock during regular trading hours. Outside of these frames, on-chain markets lack reliable stock pricing.
This limitation prevents on-chain markets from accurately reflecting market conditions 24 hours a day.
Chainlink provides continuous stock data on-chain
Chainlink developed the US Stock Stream to resolve this discrepancy.
This service converts fragmented U.S. stock market data into a continuous, cryptographically signed data stream. We provide 24/7 continuous coverage and reliable sub-second rates 24 hours a day. This typically includes pre-market, post-market, and overnight sessions
Chainlink’s services eliminate blind spots during after-hours trading. It also reduces the risk of using outdated reference prices.
Stream also provides a complete set of market data designed for financial applications. These also include bid-ask information, last trade price, volume, market status flags, and expiry indicators.
Detailed data provides the market context needed for advanced logic, stronger risk management, and safer trade execution. It also supports safer liquidations and a more consistent user experience, even outside of normal market hours.
Exchange adopts Chainlink stream
Several industry players have already integrated the new system. Early adopters include Lighter, BitMEX, ApeX, HelloTrade, Decibel, Monaco, Opinion Labs, and Orderly Network.
Lighter, the second largest perpetual DEX by volume, has expanded its partnership with Chainlink by adopting Stream as the official oracle for the RWA market.
Additionally, Chainlink’s 24/7 US equity stream plays a key role in BitMEX’s advanced 24/7 equity derivatives platform.
The 24/7 stream runs on the reliable Chainlink data standard. this technology It supports over $27 trillion in transaction value and has verified over 19 billion on-chain messages. It also secures approximately 70% of oracle-related DeFi activity.
According to CoinGecko dataLINK is currently trading at $12.59. The native token of the Chainlink network rose 2.8% in the past 24 hours.
