Dune launches real-time trading feeds covering more than 200 onchain venues

Crypto data analytics firm Dune has launched real-time market data feeds for onchain trading venues. Dune is seeking to benefit from increasing interest in tokenization and onchain trading. In a Thursday statement, Dune said the spot feeds cover more than 200 onchain venues across 12 networks, including Solana, Ethereum, Base, BNB Chain and X Layer. Dune said the spot feeds provide trade data about one second after execution. Dune said the perpetuals feeds will track trading on Hyperliquid and Lighter.

Dune said hedge funds, asset managers, market makers and brokers can now monitor onchain price discovery through the systems those firms already use for listed markets. Dune argued that onchain trading has become too large for market data systems to exclude. Dune co-founder and CEO Fredrik Haga said onchain trading accounts for about 25% of total spot crypto trading volume. Haga said Dune is expanding into real-time feeds with detailed reference data to help users understand where instruments trade and at what prices.

Last month, the Securities and Exchange Commission issued a five-year exemption allowing certain venues to trade tokenized U.S.-listed stocks without exchange registration. Earlier this month, OKXICE notified the SEC of plans to introduce a tokenized securities trading venue using the innovation exemption. OKXICE is a joint venture between OKX and Intercontinental Exchange, the parent company of the NYSE. Dune said OKXICE subsequently filed to list 63 tokenized stocks on X Layer. Haga said the SEC is creating opportunities for stocks and other instruments to benefit from onchain trading venues.