This week, Chainlink achieved a new milestone with the launch of Data Streams for major U.S. equities and ETFs including SPY, CRCL, QQQ, NVDA, AAPL, and MSFT, with additional markets and asset classes on the horizon. Now available across 37 distinct blockchain networks, these Data Streams are being adopted by top DeFi protocols including GMX, GMXSOL, and Kamino Finance.
Data Streams is a pull-based oracle solution that allows protocols to consume data more cost-effectively and at lower latencies while reducing the risk of frontrunning and MEV. Data Streams expand DeFi’s reach by unlocking fast, user-friendly onchain financial products and enabling highly performant DEXs that rival the trading experience of centralized exchanges.
Developers can now access real-time, context-aware data for U.S. equities and ETFs directly onchain, unlocking use cases such as tokenized stock trading, perpetual futures, and synthetic ETFs with institutional-grade reliability that accelerates the convergence of traditional finance and the blockchain economy.
Leveraging Chainlink’s battle-tested oracle infrastructure, which has enabled over $24 trillion in transaction value, Data Streams set the standard for servicing tokenized equities and ETFs with unique built-in features including market hours logic, staleness detection, and high-frequency pricing from premium data providers.
The market for tokenized real-world assets (RWAs) has rapidly grown to $275 billion and is projected to reach $30 trillion by 2030. In an official Chainlink blog post, Chainlink Labs’ Chief Business Officer, Johann Eid, called the launch of Data Streams for U.S. equities and ETFs “a significant leap forward” for tokenized markets.
“With Chainlink Data Streams’ fast, reliable, and context-rich market data, production-ready tokenized financial products tied to U.S. equities and ETFs can now be launched directly onchain,” he said.
“We’re excited to be collaborating with Kamino and GMX, two of the most forward-thinking DeFi teams whose work continues to accelerate the convergence of traditional and decentralized finance.”
GMX Communications Contributor Jone Zee said Chainlink Data Streams provide foundational infrastructure for expanding onchain finance beyond crypto-native assets.
“Via the highly reliable Chainlink data standard, we can enable the creation of perpetual markets on a wider range of high-quality assets that our community and issuers want to support.”
“Bringing tokenized U.S. equities onchain – particularly for use cases like lending on Solana – requires high-frequency, reliable market data,” added Kamino Finance co-founder Thomas Short.
“The launch of Data Streams for U.S. equities and ETFs is a critical milestone toward a truly composable onchain financial system that matches the scale and sophistication of traditional markets.”