- Chainlink launches 24/5 U.S. Equities Streams impacting DeFi applications.
- Enhances DeFi integration with continuous U.S. stock data.
- No direct cryptocurrency impacts reported from this integration.
Chainlink has announced the launch of 24/5 U.S. Equities Streams on January 20th, providing continuous on-chain data coverage for pre-market, after-hours, and overnight U.S. stock market sessions.
This initiative supports the ~$80 trillion U.S. stock market’s on-chain transition, enhancing DeFi applications and resolving the gap between traditional equities trading hours and blockchain’s 24/7 framework.
Chainlink Expands DeFi Access with 24/5 U.S. Equities Data
Chainlink’s 24/5 U.S. Equities Streams provides pre-market, after-hours, and overnight U.S. stock market data for the first time directly on-chain, effectively integrating an $80 trillion market into blockchain platforms. This data feed includes critical market information such as bid-ask prices, volumes, and trade prices.
By addressing the trading hour mismatch, Chainlink enables continuous trading and risk management on over 40 blockchains, supporting real-world asset applications such as perpetual swaps and synthetic stocks.
Vladimir Novakovski, Founder & CEO, Lighter, “We’re excited to expand our partnership with Chainlink as Lighter’s official oracle solution for RWA markets by integrating 24/5 U.S. Equities Streams. This enables us to extend our fair, low-latency perp execution beyond regular market hours without compromising data integrity.”
Experts Discuss Implications of Chainlink’s Integration with Stock Data
Did you know? Chainlink’s introduction of continuous U.S. equities data on-chain could transform DeFi trading mechanisms similarly to how electronic trading revolutionized stock markets in the 1990s.
The cryptocurrency Ethereum (ETH) currently trades at $3,027.15, with a market cap of approximately $365.36 billion, reflecting a 5.86% decrease in the last 24 hours. Its circulating supply is 120,694,565. These figures, sourced from CoinMarketCap, show a downward trend within the last 90 days.
According to analysis by the Coincu research team, Chainlink’s innovative data mechanism indicates a growing intersection between traditional finance and blockchain potential. If mainstream adoption continues, this integration may pave the way for new regulatory frameworks, potentially reshaping investment landscapes.
| DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
Source: https://coincu.com/news/chainlink-us-equities-defi-stream/
