BitMEX, the exchange famous for making perpetual swaps popular, just announced something new. It’s teaming up with Chainlink to bring pricing data to its upcoming Equity Perps—contracts tied to stocks and ETFs.
In a post on X, Chainlink said this partnership opens the door to “a new generation of markets across stocks, ETFs, and more.” The key piece behind it all is Chainlink’s Data Streams, which will supply the price data BitMEX needs to make these products work.
At its core, this is about data. Equity perpetual contracts need fast, accurate prices at all times—even when stock markets are closed. Chainlink’s Data Streams are built for exactly that. They pull prices from multiple sources and update them continuously, in fractions of a second. That level of speed and reliability is critical when traders are using leverage.
For BitMEX, this partnership solves a major problem. If you want to offer stock-linked products that trade 24/7, you need institutional-grade pricing. Without it, funding rates break, liquidations get messy, and traders lose trust.
For Chainlink, this is another step beyond crypto. The company is already deeply embedded in DeFi, but this deal pushes its oracle technology further into real-world assets, including stocks and ETFs.
Industry watchers say the match makes sense. BitMEX gets trusted market data for a brand-new product line. Chainlink expands its reach into equity-linked markets. Both sides benefit.
More broadly, this shows where the market is heading. Crypto derivatives platforms are leaning more and more on proven oracle systems to offer exposure to real-world assets—without actually holding them.
If Equity Perps take off, traders could bet on stock and ETF price moves using crypto collateral, without owning shares or waiting for traditional market hours. Everything would trade around the clock.
That said, there are still open questions. How exactly will prices be calculated? How will funding rates work when stock markets are closed? And how will liquidity and settlements behave during off-hours?
Those details will matter a lot. If they’re handled well, Equity Perps could be smooth and powerful. If not, they could introduce new risks. Either way, this partnership shows that crypto and traditional markets are moving closer together—fast.
