Can stock prices still be updated on the weekend? Do traditional exchanges never close?
The price numbers keep moving, but we also need to ask where they come from.
Chainlink’s around-the-clock market data service, introduced on October 29, uses the relevant market data during trading hours; after traditional markets close, it switches to quotes from multiple perpetual futures markets. A perpetual future is a derivative. The announcement makes it clear: this does not mean the traditional exchange that has already closed is still providing real-time trade prices.
For on-chain lending or trading applications that use this kind of data, continuous quotes help observe changes during market closures, but derivative quotes should not be confused with actual trades in traditional markets. When checking tokenized stock prices, first verify the current session, the data source, and how the platform uses that price to calculate collateral or liquidations.
This article explains the quotation methodology of $LINK -related services; it does not verify specific asset market conditions or provide buy/sell advice. Continuous quotes also do not guarantee sufficient liquidity at all times.
Source: https://chain.link/blog/introducing-chainlink-24-7
The price numbers keep moving, but we also need to ask where they come from.
Chainlink’s around-the-clock market data service, introduced on October 29, uses the relevant market data during trading hours; after traditional markets close, it switches to quotes from multiple perpetual futures markets. A perpetual future is a derivative. The announcement makes it clear: this does not mean the traditional exchange that has already closed is still providing real-time trade prices.
For on-chain lending or trading applications that use this kind of data, continuous quotes help observe changes during market closures, but derivative quotes should not be confused with actual trades in traditional markets. When checking tokenized stock prices, first verify the current session, the data source, and how the platform uses that price to calculate collateral or liquidations.
This article explains the quotation methodology of $LINK -related services; it does not verify specific asset market conditions or provide buy/sell advice. Continuous quotes also do not guarantee sufficient liquidity at all times.
Source: https://chain.link/blog/introducing-chainlink-24-7
