Chainlink Launches 24/7 RWA Pricing With Aave

Oracle provider Chainlink has launched a new continuous pricing service covering tokenized real-world assets across weekends, holidays, and regular trading sessions. Announced at Link:NYC, the service delivers market data for equities, commodities, and other asset classes when traditional exchanges are closed.

According to the announcement, Aave is adopting the product to bring always-on pricing to institutional lending backed by real-world assets. Additional applications named by Chainlink include prediction markets, perpetual futures, and collateral management. The launch follows the company's previous introduction of 24/5 U.S. equities streams across more than 40 blockchains in January.

Technical Guidance and Risks

Chainlink's documentation for its extended-hours feeds notes that overnight and extended trading can involve thinner liquidity and fewer data providers. Technical guidance highlights characteristics such as wider bid-ask spreads, less frequent price updates, and larger price moves on individual trades.

During overnight sessions, the pricing methodology applies an exponential moving average to smooth prices. While this can filter temporary price disturbances, the documentation warns that reported values can lag during rapid market moves. Developers are advised to implement checks for stale data, bounds on acceptable values, and defined fallback behavior.

CFTC Roundtable

The launch coincides with regulatory preparations for continuous trading. The U.S. Commodity Futures Trading Commission scheduled an industry roundtable for Dec. 15 to examine continuous derivatives trading, addressing overnight trading, tokenization, operational readiness, and market resilience.

Key facts

• Chainlink launched its continuous RWA pricing service at Link:NYC on Oct. 29.
• Aave adopted the service for institutional lending backed by tokenized real-world assets.
• The pricing covers equities, commodities, and other real-world assets through weekends and holidays.
• The CFTC scheduled a Dec. 15 roundtable to discuss continuous derivatives trading.