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Dune launches near-real-time feeds covering 200+ onchain trading venues, pitching them to Wall Street desks
Summary
Crypto analytics firm Dune launched real-time market data feeds on Thursday covering more than 200 onchain trading venues across 12 blockchains, including Ethereum, Solana, Base and X Layer, The Block and Cointelegraph reported.
Both outlets say the spot feeds deliver trade data about one second after execution, and that perpetual futures feeds track trades on Hyperliquid and Lighter.
Dune is pitching the feeds to institutions; CEO Fredrik Haga told Cointelegraph that quant funds, market makers, asset managers and bank trading desks are among the first clients, though he declined to name them, citing nondisclosure agreements.
The Block said Dune tied the launch to the SEC's five-year exemption last month that lets certain venues trade tokenized versions of U.S.-listed stocks without registering as exchanges.
Key facts
- "Onchain trading now represents about 25% of all spot crypto trading volume," Haga said in Dune's statement, per The Block.
- The Block listed BNB Chain among the 12 covered networks alongside Solana, Ethereum, Base and X Layer.
- Dune said OKXICE, the OKX and Intercontinental Exchange joint venture, has filed to list 63 tokenized stocks on X Layer, The Block reported.
- Cointelegraph reported that 16 companies, including Microsoft, Alphabet and Goldman Sachs, have filed objections to having their shares traded on OKXICE's proposed platform.
- Citing RWA.xyz data, Cointelegraph said the distributed value of tokenized stocks has reached $3.58 billion, up from about $627 million a year earlier.
- Dune said firms use the data to assess liquidity, compare prices across venues and evaluate strategies before committing capital, per Cointelegraph.