Chainlink Launches 24/5 U.S. Equities Streams Across the $80 Trillion U.S. Stock Market
Chainlink, a leading forecasting platform, officially announced a major service on January 20th: "24/5 U.S. Equities Streams".
(Image source: Chainlink)
Chainlink officially announces the launch of "24/5 U.S. Equities Streams"
This service aims to provide blockchain developers and financial institutions with continuous market data for U.S. stocks and index equity funds (ETFs), covering standard trading hours, pre-market, after-hours, and overnight trading. This move signifies the formal and deep integration of the approximately $80 trillion US stock market with the on-chain ecosystem, breaking down the time barrier between traditional finance and decentralized finance (DeFi).
For a long time, the on-chain asset market has faced a structural pain point: the blockchain network operates 24/7, 365 days a year, but the traditional US stock market is limited to fragmented trading hours (typically from 9:30 AM to 4:00 PM Eastern Time on weekdays).
Past arbitrage solutions mostly provided a single price level during standard trading hours, causing decentralized exchanges (DEXs) to be unable to maintain accurate pricing outside of trading hours. This forced developers to suspend trading or bear significant quote risks, resulting in a significant lack of representativeness for real-world assets (RWAs) like US stocks on the blockchain.
Through 24/5 data streaming, on-chain platforms can now securely trade US stocks outside of traditional hours, ensuring price accuracy and enabling the development of new financial products without service interruption.
Introducing a "pull" model improves the accuracy and cost efficiency of high-frequency trading.
Technically, 24/5 U.S. Equities Streams differs from Chainlink's traditional price feeds.
The latter typically employs a periodic update model, suitable for lending platforms like Aave; while the newer data stream uses a "pull" model, enabling sub-second update frequencies. This mechanism sends updates only when a transaction occurs, significantly reducing network gas costs from continuous on-chain reporting, making it particularly suitable for high-frequency trading (HFT) and derivative financial contracts that require high-frequency data.
In addition to basic price information, this data stream includes rich metadata such as bid and ask prices, trading volume, market status markers, median price, and staleness indicators.
Image source: Comparison of Chainlink 24/5 U.S. Equities Streams and Chainlink's traditional Price Feeds
This granular data is crucial for developers building complex pricing models and risk management systems. Currently, the service is built on Chainlink's Data Standard, which has supported over $27 trillion in transaction value and transmitted over 19 billion verification messages on-chain, proving its stability and security. This service is currently launched simultaneously on over 40 blockchain networks, providing highly scalable functionality for developers worldwide.
Derivatives Trading Responds to the RWA Ecosystem, Aiming for Full Asset Lifecycle Automation
This technological innovation has been actively adopted by several leading exchanges and Real-World Asset (RWA) platforms. Derivatives exchanges BitMEX and Lighter have been among the first to integrate the service for running perpetual futures contracts.
(Image source: Chainlink) "24/5 U.S. Equities Streams" has been actively adopted by several leading exchanges and Real-World Asset (RWA) platforms.
BitMEX CEO Stephan Lutz stated that security and data integrity are paramount for the derivatives market, and Chainlink's 24/5 data streams are a key component of its professional-grade 24/7 equity derivatives infrastructure.
Lighter CEO Vladimir Novakovski pointed out that this allows the platform to extend fair, low-latency perpetual contract execution beyond regular trading hours without compromising data reliability.
Furthermore, platforms such as ApeX, HelloTrade, Decibel, Monaco, Opinion Labs, and Orderly Network have also completed integration, supporting diverse applications including equity perpetual contracts, lending platforms, and synthetic assets.
Chainlink's ambitions extend beyond quotation services; the organization is collaborating with Swift, Euroclear, and the U.S. Depository & Clearing Corporation (DTCC) to automate corporate actions such as dividend payouts, stock splits, and mergers and acquisitions. This infrastructure aims to ensure that tokenized assets can reflect key changes in the underlying stock without human intervention, thereby reducing the risk of errors.
With the New York Stock Exchange (NYSE) also announcing plans to launch a 24/7 blockchain trading venue, Chainlink's data architecture is bringing the operational mechanisms of the blockchain market closer to those of the traditional financial system than ever before.
Further Reading: A Major Player Enters the Market! NYSE Announces Development of Tokenized US Stocks and ETFs Platform, Aiming for 24/7 Trading
This content was generated by Crypto Agent by compiling information from various sources and reviewed and edited by CryptoCity.This is still in the training phase and may contain logical biases or informational errors. The content is for reference only and should not be considered investment advice.