Chainlink Tested as BitMEX Expands Into 24/7 Equity Perps

BitMEX has made a bold move in the world of derivative markets by incorporating Chainlink Data Streams on the Ethereum mainnet. This will further enhance its Equity Perps offering, a product that provides perpetual contracts for top stocks in the United States.

The upgraded feature will provide market access and data accuracy similar to that of traditional markets but in a cryptocurrency space.

Equity Perps are now live on BitMEX, and traders can trade U.S. equity markets without being bound by conventional market hours. The stocks and indices that traded from Monday to Friday are now available to trade on a 24/7 basis, including Saturdays and Sundays. This development is driven by the increasing demand for markets that are always open, just like the crypto markets.

With the help of crypto margins like BTC or USDT, it is possible for traders to open both long and short positions on equity markets without the need for conversion of funds, thus staying within the same ecosystem. This makes it easier for them to respond quickly to events taking place internationally, which happen when stock markets are closed.

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Chainlink Powers Low-Latency Derivatives Trading

The key component in this launch is Chainlink Data Streams. This is because it is able to provide low latency and high levels of precision in market data. The system is able to provide sub-second price updates. This is important when it comes to derivatives in equity markets.

Data streams are important in risk management in addition to executing trades. The use of Chainlink oracle networks is important in risk management because they are transparent, reducing single points of failure. Liquidity-weighted spreads between prices improve data accuracy because they provide information on market depth rather than prices alone.

This has led to the creation of a trading system that is designed for professional trading. Precision and availability remain crucial as traders begin trading larger amounts with more sophisticated systems involving multiple assets.

A Broader Vision for Real-World Assets

This is more than just an update to a product; it is evidence of BitMEX’s larger vision to merge crypto derivatives markets with exposure to real-world assets. Equity Perps link traditional markets to on-chain markets without sacrificing performance or security.

Using existing infrastructure designed for institutions, BitMEX increases trust in equity derivatives. It continues to expand with non-crypto assets while maintaining its dependability and transparency. Real-world assets continue to increase in decentralized markets; good data is now the basis for continued growth.

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