BitMEX Integrates Chainlink Data Streams to Power Equity Perps

BitMEX has officially integrated Chainlink Data Streams on Ethereum mainnet to supercharge Equity Perps – 24/7 perpetual swaps on the top U.S. stocks and indices. As the industry standard for low-latency market data, Chainlink serves as a core pillar of our trading infrastructure, providing the high-frequency precision and institutional-grade reliability required to power our new stocks derivatives product. 

By leveraging Chainlink’s decentralised oracle networks (DONs), we're providing users with transparency and performance, ensuring they trade real-world assets (RWAs) with the most accurate and timely data available in the market today. 

Infrastructure for Real-World Assets

Equity Perps are now live on BitMEX, allowing traders to access stock and index-based markets with the efficiency of crypto-native instruments. To maintain the integrity of these markets, we require a data solution that bridges the gap between TradFi markets and on-chain execution without compromising on speed or security.

Chainlink Data Streams provide the backbone for our real-time risk management, liquidations, and index integrity. This integration enables a more robust trading environment, supporting multi-asset margining and allowing our users to manage diverse collateral types with the assurance of institutional-grade price discovery.

Why Chainlink Data Streams?

Chainlink Data Streams meets the rigorous demands of professional-grade RWA trading. The integration provides several critical technical advantages:

• Sub-Second Price Latency: We utilise sub-second data delivery via battle-tested oracle infrastructure. This ensures a high-performance trading environment where orders are executed against near-instantaneous market movements, optimising the experience for high-frequency traders.

• Institutional Data Accuracy: Data precision is paramount for Equity Perps. Chainlink provides reliable, high-accuracy pricing benchmarked against leading global exchanges, bolstering the stability of our index pricing.

• Liquidity-Weighted Bid-Ask Spreads: Beyond simple price points, Data Streams provide liquidity-weighted spreads. This allows our risk management parameters to reflect an accurate picture of market depth, ensuring fairer liquidations and improved protocol performance.

• Proven Uptime and Security: Built on a platform that has secured tens of trillions in transaction value, Chainlink Data Streams offer the hyper-reliability required for high-stakes trading environments, prioritising the safety of our users' positions.

The Evolution of the BitMEX Ecosystem

The integration of Chainlink Data Streams represents a significant step in our ongoing effort to provide a unified platform for crypto and RWA markets. By bringing institutional-grade performance to our Equity Perps index pricing, we ensure that BitMEX remains at the forefront of derivatives innovation.

Our focus remains on delivering the most reliable and sophisticated tools for professional traders. With Chainlink Data Streams now fully operational and supporting Equity Perps, we continue to expand our product offerings while enhancing the transparency of our trading infrastructure.

More information on Equity Perps can be found here.

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In the meantime, if you have any questions please contact Support who are available 24/7.