November 2025 Update

SmartCon!

“Chainlink isn’t just powering price feeds anymore; it’s becoming the backbone of on-chain finance.” — Messari.

There’s really only one place to begin this month’s review — SmartCon.
The event delivered a series of announcements that could easily fill hours of reading. In fact, there’s a strong argument that SmartCon 2025 was the most significant yet, thanks to high-profile developments from J.P. Morgan, Swift, Euroclear, and UBS, along with major ecosystem advances spanning privacy (CCC), compliance (ACE), and orchestration (CRE).

However, rather than recap everything that took place in NYC, we wanted to highlight three developments that hold particular relevance for DexTrac and the wider blockchain space.

1: WisdomTree x Chainlink Collaboration

We are absolutely thrilled to be supporting Chainlink in bringing WisdomTree’s institutional-grade CRDT NAV data on-chain.

https://data.chain.link/feeds/ethereum/mainnet/crdt-nav

At first glance, this might seem like any other data feed — well, yes and no. Yes, because it leverages the same proven infrastructure and mechanisms that power hundreds of other Chainlink feeds. No, because of who and what this feed represents: a leading global asset manager with over $130 billion in assets under management, now using Chainlink services as it begins integrating blockchain technologies into its operations.

Read more:
🔗 Chainlink announcement
🔗 PR Newswire release
🔗 CRDT NAV feed details

Put simply, major financial institutions are increasingly relying on Chainlink to support their move on-chain — and we are one of the trusted service providers helping Chainlink deliver the infrastructure that makes this possible.

So yes, it is another data feed — but it also signals a broader shift in how major financial institutions are beginning to operate on-chain, and it underscores DexTrac’s place as one of the trusted teams supporting that evolution.

2: FTSE Russell x Chainlink Collaboration

The second announcement relates to FTSE Russell, one of the world’s largest global index providers, which is bringing its global indices on-chain for the first time using Chainlink’s DataLink service.

Read more:
🔗 Chainlink announcement
🔗 PR Newswire release

This collaboration follows closely on the heels of similar moves by other institutional heavyweights — including Deutsche Börse Group, S&P Global, and Tradeweb — all of whom are also using Chainlink services to bring their data on-chain.

Why does this matter to DexTrac? Once again, our team supports the Chainlink services that make these integrations possible. And second, it’s FTSE Russell!

As Chainlink put it:

“For the first time, FTSE Russell is publishing its index data onto blockchains. This data will serve as a critical catalyst for the mainstream adoption of tokenized assets by financial institutions.”

To be part of something described as a “critical catalyst” for institutional adoption — that’s a serious flex.

3: Chainlink Confidential Compute (CCC)

The final SmartCon announcement we want to highlight is one that could have major implications for DexTrac’s future — Chainlink Confidential Compute (CCC).

In simple terms, CCC enables smart contracts to operate privately on any blockchain.

As Chainlink put it, “A lack of privacy is the greatest barrier holding back large-scale institutional adoption of on-chain finance.”

CCC changes that!

Read more:
🔗 Chainlink CCC Announcement
🔗 CCC Whitepaper

For DexTrac — and the wider Chainlink ecosystem — CCC could represent a defining moment. It removes one of the key technical barriers that have held large institutions back from operating on-chain.

Put differently, CCC feels like the missing piece — the breakthrough that could make institutional blockchain adoption not just possible, but inevitable.

A Final Word on SmartCon

Those are just three highlights from an absolutely incredible conference. SmartCon delivered far more news and insight than we could possibly cover here, with dozens of talks and panels well worth watching.

If you’d like to dig deeper into the announcements from J.P. Morgan, Ondo, Swift, Euroclear, or UBS, we’d highly recommend reading Chainlink’s official conference highlights blog or exploring their YouTube channel — both of which offer an excellent overview of everything that unfolded across the two days.

As for us, SmartCon 2025 might just prove to be one of the most significant moments in DexTrac’s journey so far. Institutional adoption anyone?

DexTrac & CCIP

One area in which we are continually highlighting growth is our support for Chainlink’s Cross-Chain Interoperability Protocol (CCIP). As covered in previous reports, DexTrac first began running CCIP in 2023 and now supports more than 65 networks, as shown in the graph below.

Network coverage alone is not the only measure of progress, which is why we also monitor independent CCIP usage data to gauge broader adoption. The recently released Grayscale report “The LINK Between Worlds” — published by one of the largest digital-asset investment platforms — shows weekly CCIP token transfers rising sharply from launch through 2025, as illustrated in the accompanying chart.

https://research.grayscale.com/reports/the-link-between-worlds

A similar trend is reflected in data compiled by the CCIP Tracker account on X (Twitter), where monthly transfer values increased from roughly $1.2 billion in September 2025 to more than $1.8 billion in November 2025.

Taken together, these charts point to ecosystem-wide growth and rising real-world CCIP usage, while also highlighting how DexTrac — alongside other participating infrastructure experts — is playing an important role in supporting this momentum.

Data Feeds

This month, DexTrac crossed a symbolic data feed milestone: more than 500 new OCR data feeds supported since the start of the year. While the number itself isn’t a competitive benchmark, it carries real significance on several levels.

First, it reflects the continued confidence in DexTrac’s ability to support Chainlink data feeds at scale.

Second, it underscores the broader momentum behind the data feed product, which continues to underpin DeFi activity while also gaining traction among traditional institutions.

Finally, in our view, the 500 mark also reflects healthy ecosystem growth — shown not only by emerging networks such as HyperEVM, Sonic, and Katana opting to adopt data feeds, but also by established chains expanding their usage. Base and Arbitrum, for example, have added 69 and 41 new feeds respectively this year.

Taking us over that 500 mark were the 38 new data feeds added in November, including 9 for Arbitrum, 7 for Ethereum, and 5 each for Base and BNB Chain.

Among the feeds of particular interest were the previously mentioned CRDT NAV feed on Ethereum, the GLDY Reserves and ARSx PoR feeds on Base, the THBILL/USD feed on HyperEVM, and the M NAV feed on Linea.

On a final data feed note, November saw us support 1,421 data feeds across 29 networks. Beyond passing the 1,400 mark for the first time in a single month, one detail stands out: Base became the network with the highest number of supported feeds, reaching 153 for the month.

Next Stop 2026!

As we wrap up November, we’re already gearing up for something a little bigger. Our end-of-year report arrives in early January, and we’re planning to take a deeper dive into everything that shaped DexTrac’s year. CCIP growth, data feed trends, data stream adoption, and what emerging Chainlink products like CRE, Datalink, and CCC could mean for our team in the months ahead.
If you’ve enjoyed these monthly updates, make sure to join us for the full 2025 story — it’s going to be a good one.

DexTrac partners with teams to help build, scale, and secure decentralized technologies, systems, and economies. Our services span cross-chain and off-chain data infrastructure, project resiliency design, and oracle operations — as well as validation, white-label solutions, and strategic consulting.

DexTrac’s team combines years of blue-chip experience with deep Web3 knowledge — from shaping major blockchain initiatives to advising global technology firms on digital asset strategy. This expertise in the blockchain space is complemented by enterprise backgrounds with IBM, Microsoft, Trend Micro, Chainlink and Kraken, a mix that uniquely equips us to bridge blockchain innovation with institutional needs.