The U.S. government has begun releasing key economic indicators onchain in a new initiative led by the Department of Commerce. The effort leverages the oracle infrastructure of Chainlink and Pyth Network (PYTH) to make official economic data accessible across blockchain ecosystems.
Chainlink: Delivering BEA Data Onchain
Chainlink now provides macroeconomic data from the Bureau of Economic Analysis (BEA) onchain through its secure, enterprise-grade infrastructure.
The initial release covers six major indicators:
- Real GDP (Level)
- Real GDP (Percent Change, Annual Rate)
- PCE Price Index (Level)
- PCE Price Index (Percent Change, Annual Rate)
- Real Final Sales to Private Domestic Purchasers (Level)
- Real Final Sales to Private Domestic Purchasers (Percent Change, Annual Rate)
These datasets will be updated monthly or quarterly and deployed across ten blockchains, including Ethereum, Arbitrum, Base, Avalanche, Mantle, Optimism, ZKsync, Linea, Sonic, and Botanix.
This allows developers, financial institutions, and DeFi protocols to integrate trusted government data into applications such as inflation-hedged products, tokenized assets, prediction markets, and automated trading strategies. Additional indicators are expected to follow based on public and government demand.
Pyth: Verified GDP Data Distribution
Pyth Network has also been selected to publish official GDP data onchain. Working in collaboration with Secretary of Commerce Howard Lutnick and the Department of Commerce, Pyth will initially release five years of quarterly U.S. GDP figures.
The data will be verifiably distributed across Pyth’s infrastructure, which spans 100+ blockchains and powers over 600 decentralized applications. Over time, Pyth plans to expand its offerings to include a wider range of macroeconomic indicators in partnership with U.S. government agencies.
