Points of Focus

• Coinbase has integrated Chainlink’s DataLink service to publish exchange data onchain for the first time.
• Stale and manipulated price feeds have been DeFi’s most persistent vulnerability.
• Chainlink is now Coinbase’s exclusive provider for wrapped assets, cross-chain interoperability and data infrastructure.

Coinbase has integrated Chainlink’s DataLink service to push its high-quality exchange market data directly onchain.

NEW: @coinbase integrates Chainlink to bring its premium exchange data powering billions in trading volume to blockchains for the first time.

This unlocks a new distribution channel for data from the largest U.S. crypto exchange, bringing better pricing & risk management to DeFi pic.twitter.com/rYNGJKuXk9

— Chainlink (@chainlink) March 25, 2026

DeFi protocols and developers now have seamless access to Coinbase’s real order book data, spot prices, perpetual futures from Coinbase International Exchange, E-mini futures from Coinbase Derivatives Exchange, plus a massive suite of datasets spanning crypto, metals, energy, and equity futures, all powered by Chainlink’s battle-tested oracle infrastructure.

This is institutional-grade market data, finally unlocked for the entire decentralized world.

Chainlink DataLink enables institutional-grade market data onchain

DataLink is Chainlink’s institutional-grade data publishing service. It handles data delivery, decentralization, security and reliability, abstracting the infrastructure layer so developers can build applications without managing backend data pipelines. 

With DataLink, protocols now have access to Coinbase’s premium datasets directly onchain, enabling more accurate pricing, stronger risk management and entirely new onchain markets across derivatives, tokenized RWAs, structured products, perpetuals and synthetic assets.

Liz Martin, Vice President of Coinbase Markets, described the Chainlink data standard as “battle-tested, institutional-grade infrastructure” and the clear choice for bringing Coinbase’s market data into onchain markets. 

Johann Eid, Chief Business Officer at Chainlink Labs, laid it out in broader terms: “Coinbase bringing its exchange data onchain through Chainlink sends a clear signal, the future of finance requires a foundation of uncompromising security.”

Deepening ties

This integration follows Chainlink’s existing role as Coinbase’s exclusive interoperability provider for Coinbase wrapped assets and builds on the earlier Base-Solana bridge secured by Chainlink CCIP. Coinbase also integrated the Chainlink standard into its Project Diamond institutional tokenization platform. 

🚀@CHAINLINK CCIP V1.6 IS LIVE ON @SOLANA! This upgrade unlocks $19B+ in tokenized assets ready to move across chains. What does this mean for Solana adoption? Find out ⬇️https://t.co/b5rJtt7j3E

— BSCN (@BSCNews) May 20, 2025

The DataLink partnership adds a third layer to a relationship that now spans wrapped assets, cross-chain bridging and data infrastructure.

DataLink is not exclusive to Coinbase. S&P Global and FTSE Russell are also among its institutional data partners. This shows a deliberate strategy to position Chainlink’s oracle network as the standard bridge between traditional financial data and onchain markets.

Strategic repositioning

For Coinbase, the move reflects a broader push beyond spot crypto trading toward institutional-grade infrastructure, custody, data licensing and financial services. Making verified exchange data available onchain positions the company as a data provider within the expanding tokenized finance stack, rather than solely as a trading venue.

As onchain markets expand to cover derivatives, tokenized equities and structured products, the quality of price feeds becomes a critical differentiator. Coinbase’s order-book data, previously confined to its internal systems and available only to institutional counterparties, is now part of the onchain financial infrastructure stack.