Blockchain analytics company Dune has introduced market data feeds that capture onchain trades about one second after execution. The spot feeds cover more than 200 trading venues across 12 networks, while perpetual futures feeds cover Hyperliquid and Lighter. According to The Block, onchain trading now accounts for roughly a quarter of spot crypto volume. The move comes as tokenised securities and related plans in the US multiply.

What it means: In traditional markets, trade data is an expensive service controlled by exchanges and large vendors. On blockchains trades are public, but spread across dozens of networks and protocols, and the value lies in collecting and cleaning them. Dune, known for its analytics tools, is entering a data market dominated by Bloomberg, LSEG and specialist crypto vendors. Its relevance grows as more traditional products, such as shares and bonds, appear in token form. For Greek companies working with crypto, accounting or compliance, reliable onchain prices have practical value: valuing crypto holdings at year end, documenting trades for tax purposes and monitoring suspicious activity under anti-money-laundering law all need data with clear provenance. Service providers under MiCA must also show fair pricing to clients. The open question is quality: data from many venues needs filtering for fake or manipulated trades, something every user should check before relying on it. Firms that already pay for market data should also compare coverage, latency and licence terms before switching or adding a source.

Read the original on The Block

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