Dune Analytics has launched Dune Market Data Feeds, a real-time service covering spot and perpetual futures trades from more than 200 onchain venues across 12 networks, including Ethereum, Solana, BNB Chain, Base and X Layer. Dune says the feeds capture about 90% of onchain spot trading volume, while perpetual trading volume across covered venues is estimated at approximately $9 billion per day. Spot data is delivered with roughly one-second latency, measured at 1.34 seconds at the 95th percentile, compared with 590 milliseconds for perpetuals. The service is designed for hedge funds, asset managers, market makers and brokers seeking to integrate onchain price discovery into existing market-data systems. It includes reference data, a standardized trade-data model, transaction links and up to eight years of separate analytical data for backtesting. Perpetual futures coverage includes Hyperliquid and Lighter in the latest launch description; earlier coverage information identified Lyra. The broader service includes tokenized U.S. stock activity from X Layer. Dune co-founder and CEO Fredrik Haga has said onchain trading represents roughly 25% of crypto spot volume. The launch comes as tokenized securities gain attention: tokenized stocks and ETFs generated more than $37 billion in onchain trading volume in the third quarter of 2026, while OKXICE applied to list 63 tokenized stocks on X Layer. The SEC granted a five-year exemption in September 2026 allowing certain venues to trade tokenized versions of U.S. stocks without full exchange registration, increasing demand for pricing data outside conventional exchange hours.