Coinbase Cloud Will Run Chainlink Node in Bid to Improve Smart Contract Security

Coinbase Cloud already operates nodes on Aptos, Ethereum, Flow, and Solana

article-image

rafapress/Shutterstock modified by Blockworks

share

Chainlink, which launched on Ethereum in 2019 as a decentralized finance (DeFi) oracle provider, essentially transports off-chain data to a number of blockchains, including BNB Chain, Avalanche and Polygon. 

Oracles like Chainlink are the way that DeFi protocols get access to data that allow them to execute smart contracts. With DeFi controlling over $74 billion in total value locked, the functionality of oracles is crucial. 

In a public statement, Coinbase explained that “timely, reliable and accurate data” is essential for Web3 to become the standard. Coinbase is also in a “strong” position to run a Chainlink oracle node because of its “multi-cloud” and “multi-region” infrastructure.

Coinbase said that it is able “to support competitive uptime, ensuring our oracle nodes remain live and handling data requests without skipping a beat.”

Plus, the San Francisco-based crypto exchange already runs nodes on networks such as Aptos, Solana, Ethereum, Algorand and Flow.

Kai Zhao, Coinbase’s Group Product Manager, said he believes Web3 is the future and with this move, Coinbase wants to get closer to that future. 

“Our participation in Chainlink’s Decentralized Oracle Network is a statement of our commitment to the security and reliability of smart contracts. We believe on-chain is the next online, and we look forward to working with Chainlink to further this future,” Zhao said. 

Other high-profile Chainlink node operators include Amazon Web Services and T-Systems Multimedia Solutions, a subsidiary of telecommunications giant Deutsche Telekom.

Blockworks reported Thursday that Coinbase launched its zero trading fee subscription service called Coinbase One.


Get the news in your inbox. Explore Blockworks newsletters:

Tags

Decoding crypto and the markets. Daily, with Byron Gilliam.

Upcoming Events

Old Billingsgate

Mon - Wed, October 13 - 15, 2025

Blockworks’ Digital Asset Summit (DAS) will feature conversations between the builders, allocators, and legislators who will shape the trajectory of the digital asset ecosystem in the US and abroad.

recent research

Research Report Templates.png

Research

Pipe Network is a decentralized content delivery network (dCDN) that replaces the sparse, capital intensive data center footprint of traditional CDNs with a permissionless mesh of independent node operators. By orchestrating under-utilized resources that already exist at the edge, rather than purchasing or leasing thousands of servers, Pipe slashes capital intensity while letting supply expand autonomously in the places where bandwidth is scarcest and most expensive.

article-image

ETH’s “breakout marks a significant structural shift and clears the path towards…$4,000,” Kraken’s OTC desk noted

article-image

Fiscal dominance isn’t about interest rates and it isn’t about Trump, either

article-image

Firestarter Storage brings decentralized storage and delivery to Solana

article-image

After lengthy closing arguments on Wednesday, the case is now in the hands of 12 jurors

article-image

Analysts cite weak trading volume and regulatory progress as factors

article-image

Builders weigh in on Ethereum’s first decade and the decisions that will define its next one