Coinbase and Chainlink have expanded their partnership by integrating on-chain market data, enabling developers to access information that was previously available only within centralized systems. This on-chain publishing is enabled by Chainlink’s Datalink service, which feeds Coinbase’s market data to on-chain applications. The data set includes order book data, spot prices, perpetual futures on Coinbase’s international exchange, E-mini futures, and additional data for metals, energy, and stock futures offered via Coinbase Derivatives.
Chainlink Labs Chief Business Officer Johann Eid said the move demonstrates the security-first approach required to build robust on-chain financial infrastructure at scale. He noted that as institutional finance and DeFi continue to converge, the partnership represents a step toward programmable market infrastructure. Developers can access Coinbase data through Datalink, extending the scope of on-chain finance and DeFi applications.
Liz Martin, Coinbase Markets Vice President, said Datalink was chosen to bring Coinbase market data on-chain and that Chainlink’s data standards were the obvious choice for this integration. The article also notes that growth areas include tokenized real assets and other on-chain structured products that require consistent, institutional-grade pricing data. Beyond Coinbase and Chainlink, the ecosystem features enterprise collaborations such as Bitwise and Lombard’s Bitcoin Smart Accounts, illustrating broader institutional data and liquidity initiatives.
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