BitMEX Exchange Integrates Chainlink to Bridge Crypto and Traditional Equity Markets
BitMEX has integrated chainlink Data Streams to price its new suite of U.S. equity perpetual contracts, marking a significant convergence of traditional finance and crypto markets. The exchange now offers leveraged trading on major stocks like Apple, Nvidia, Tesla, and Amazon—alongside indices such as the S&P 500 and Nasdaq—with crypto collateral and up to 20x leverage.
Chainlink's decentralized oracle network anchors pricing across both U.S. market hours and off-hours tokenized trading, mitigating single-point data failure risks. This partnership reflects a broader institutional pivot: crypto-native platforms are adopting TradFi assets while retaining decentralized infrastructure for enhanced transparency and auditability.
'Data Streams unlock a new generation of markets,' Chainlink stated, highlighting the technical advancement. BitMEX's move follows rivals like Binance in blending equities with crypto liquidity but distinguishes itself by opting for Chainlink's verifiable, neutral oracle feeds over proprietary systems, prioritizing trust and decentralization in this market expansion.