Coinbase has partnered with Chainlink to provide exchange market data on-chain via DataLink, the companies announced on Wednesday.
DataLink is a data publishing platform that enables financial institutions to publish trusted datasets directly to the blockchain in a simple, scalable, and secure manner. According to Chainlink, this provides builders with faster time to market, simplified integration, and access to institutional-grade datasets.
This integration marks the first time Coinbase has published internal market data on a public blockchain network.
“The Chainlink data standard is a rigorously tested, institutional-grade infrastructure, making it the clear choice for bringing Coinbase’s market data to on-chain markets,” said Liz Martin, vice president of Coinbase Markets. “Our benchmarks enable DeFi and TradFi developers to build more robust on-chain apps across derivatives, tokenized assets, and more.”
What data is sent on-chain?
DeFi platforms can now leverage spot pricing from Coinbase retail and institutional facilities, perpetual futures feeds from Coinbase International Exchange, e-mini futures data, and datasets covering metals, energy, and equity futures offered through Coinbase Derivatives Exchange.
Publishing through Chainlink’s decentralized oracle network means any smart contract can consume it natively, without having to trust a single intermediary to relay the numbers.
Johann Eid, chief business officer at Chainlink Labs, said this development will strengthen DeFi infrastructure by making large volumes of institutional trading data available on-chain.
“We are proving that the future of finance requires a foundation of uncompromising security. We are not just moving data; we are building a programmable market infrastructure that will define the next era of tokenization and accelerate the convergence of institutional finance and DeFi,” Eid emphasized.
Building on previous integrations
The partnership extends an accelerated series of integrations between the companies from late 2025 to 2026.
Coinbase has selected Chainlink’s cross-chain interoperability protocol as the exclusive infrastructure layer for all wrapped assets, with a portfolio value of approximately $7 billion as of the December 2025 decision.
Separately, a Base-Solana bridge protected by the same CCIP technology was put into operation.
Disclosure: This article was edited by Vivian Nguyen. Please see our Editorial Policy for more information on how we create and review content.
