diff --git a/packages/sources/coinbase-prime/src/config/index.ts b/packages/sources/coinbase-prime/src/config/index.ts
index cd529b8397..057e1b99b6 100644
--- a/packages/sources/coinbase-prime/src/config/index.ts
+++ b/packages/sources/coinbase-prime/src/config/index.ts
@@ -24,6 +24,11 @@ export const config = new AdapterConfig({
     required: true,
     sensitive: true,
   },
+  DELAYED_RESPONSE_MS: {
+    description: 'The amount of time to delay the new response in milliseconds',
+    type: 'number',
+    default: 180_000,
+  },
   BACKGROUND_EXECUTE_MS: {
     description:
       'The amount of time the background execute should sleep before performing the next request',
diff --git a/packages/sources/coinbase-prime/src/endpoint/balance2.ts b/packages/sources/coinbase-prime/src/endpoint/balance2.ts
new file mode 100644
index 0000000000..6eb754e568
--- /dev/null
+++ b/packages/sources/coinbase-prime/src/endpoint/balance2.ts
@@ -0,0 +1,66 @@
+import { AdapterEndpoint } from '@chainlink/external-adapter-framework/adapter'
+import { InputParameters } from '@chainlink/external-adapter-framework/validation'
+import { AdapterError } from '@chainlink/external-adapter-framework/validation/error'
+import { SingleNumberResultResponse } from '@chainlink/external-adapter-framework/util'
+import { config } from '../config'
+import { balanceTransport } from '../transport/balance2'
+import { getApiKeys } from '../transport/utils'
+
+export const inputParameters = new InputParameters(
+  {
+    portfolio: {
+      required: true,
+      type: 'string',
+      description: 'The portfolio ID to query the balance of',
+    },
+    symbol: {
+      required: true,
+      type: 'string',
+      description: 'The symbol to return the balance for',
+    },
+    type: {
+      type: 'string',
+      description: 'The balance type to return',
+      default: 'total',
+      options: ['total', 'vault', 'trading'],
+    },
+    apiKey: {
+      type: 'string',
+      description:
+        'Alternative api keys to use for this request, {$apiKey}_ACCESS_KEY {$apiKey}_PASSPHRASE {$apiKey}_SIGNING_KEY required in environment variables',
+      default: '',
+    },
+    acceptDelay: {
+      type: 'boolean',
+      description: 'Delay ',
+      default: false,
+    },
+  },
+  [
+    {
+      portfolio: 'abcd1234-123a-1234-ab12-12a34bcd56e7',
+      symbol: 'BTC',
+      type: 'total',
+      apiKey: '',
+      acceptDelay: false,
+    },
+  ],
+)
+
+export type BaseEndpointTypes = {
+  Parameters: typeof inputParameters.definition
+  Response: SingleNumberResultResponse
+  Settings: typeof config.settings
+}
+
+export const endpoint = new AdapterEndpoint({
+  name: 'balance2',
+  transport: balanceTransport,
+  inputParameters,
+  customInputValidation: (request, settings): AdapterError | undefined => {
+    if (request.requestContext.data.apiKey) {
+      getApiKeys(request.requestContext.data.apiKey, settings)
+    }
+    return
+  },
+})
diff --git a/packages/sources/coinbase-prime/src/endpoint/index.ts b/packages/sources/coinbase-prime/src/endpoint/index.ts
index 681acabb92..18b6846719 100644
--- a/packages/sources/coinbase-prime/src/endpoint/index.ts
+++ b/packages/sources/coinbase-prime/src/endpoint/index.ts
@@ -1,2 +1,3 @@
 export { endpoint as balance } from './balance'
+export { endpoint as balance2 } from './balance2'
 export { endpoint as wallet } from './wallet'
diff --git a/packages/sources/coinbase-prime/src/index.ts b/packages/sources/coinbase-prime/src/index.ts
index 403f9854dc..abc79e506e 100644
--- a/packages/sources/coinbase-prime/src/index.ts
+++ b/packages/sources/coinbase-prime/src/index.ts
@@ -1,13 +1,13 @@
 import { expose, ServerInstance } from '@chainlink/external-adapter-framework'
 import { config } from './config'
-import { balance, wallet } from './endpoint'
+import { balance, wallet, balance2 } from './endpoint'
 import { PoRAdapter } from '@chainlink/external-adapter-framework/adapter/por'
 
 export const adapter = new PoRAdapter({
   defaultEndpoint: balance.name,
   name: 'COINBASE_PRIME',
   config,
-  endpoints: [balance, wallet],
+  endpoints: [balance, wallet, balance2],
   rateLimiting: {
     tiers: {
       default: {
diff --git a/packages/sources/coinbase-prime/src/transport/balance2.ts b/packages/sources/coinbase-prime/src/transport/balance2.ts
new file mode 100644
index 0000000000..5595b2feaa
--- /dev/null
+++ b/packages/sources/coinbase-prime/src/transport/balance2.ts
@@ -0,0 +1,256 @@
+import { TransportDependencies } from '@chainlink/external-adapter-framework/transports'
+import { BaseEndpointTypes, inputParameters } from '../endpoint/balance2'
+import { sign, getApiKeys, errorResponse } from './utils'
+import {
+  calculateCacheKey,
+  calculateHttpRequestKey,
+} from '@chainlink/external-adapter-framework/cache'
+import { EndpointContext } from '@chainlink/external-adapter-framework/adapter'
+import { sleep, AdapterResponse, makeLogger } from '@chainlink/external-adapter-framework/util'
+import { Requester } from '@chainlink/external-adapter-framework/util/requester'
+import { SubscriptionTransport } from '@chainlink/external-adapter-framework/transports/abstract/subscription'
+
+const logger = makeLogger('Balance2Transport')
+
+export interface ResponseSchema {
+  balances: {
+    symbol: string
+    amount: string
+    holds: string
+    bonded_amount: string
+    reserved_amount: string
+    unbonding_amount: string
+    unvested_amount: string
+    pending_rewards_amount: string
+    past_rewards_amount: string
+    bondable_amount: string
+    withdrawable_amount: string
+    fiat_amount: string
+  }[]
+  type: string
+  trading_balances: {
+    total: string // Returns total in fiat amount
+    holds: string
+  }
+  vault_balances: {
+    total: string // Returns total in fiat amount
+    holds: string
+  }
+}
+
+export type BalanceTransportTypes = BaseEndpointTypes & {
+  Provider: {
+    RequestBody: never
+    ResponseBody: ResponseSchema
+  }
+}
+
+type RequestParams = typeof inputParameters.validated
+
+// revisit if we have >100 separate portfolios using this EA
+type BlipCacheValue = {
+  result: number
+  timestamp: number
+}
+const blipCache = new Map<string, BlipCacheValue>()
+
+export class BalanceTransport extends SubscriptionTransport<BalanceTransportTypes> {
+  settings!: BalanceTransportTypes['Settings']
+  requester!: Requester
+  endpointName!: string
+
+  async initialize(
+    dependencies: TransportDependencies<BalanceTransportTypes>,
+    adapterSettings: BalanceTransportTypes['Settings'],
+    endpointName: string,
+    transportName: string,
+  ): Promise<void> {
+    await super.initialize(dependencies, adapterSettings, endpointName, transportName)
+    this.settings = adapterSettings
+    this.requester = dependencies.requester
+    this.endpointName = endpointName
+  }
+
+  async backgroundHandler(
+    context: EndpointContext<BalanceTransportTypes>,
+    entries: RequestParams[],
+  ) {
+    await Promise.all(entries.map(async (param) => this.handleRequest(param)))
+    await sleep(context.adapterSettings.BACKGROUND_EXECUTE_MS)
+  }
+
+  async handleRequest(param: RequestParams) {
+    let response: AdapterResponse<BaseEndpointTypes['Response']>
+    try {
+      response = await this._handleRequest(param)
+    } catch (e) {
+      const errorMessage = e instanceof Error ? e.message : 'Unknown error occurred'
+      logger.error(e, errorMessage)
+      response = {
+        statusCode: 502,
+        errorMessage,
+        timestamps: {
+          providerDataRequestedUnixMs: 0,
+          providerDataReceivedUnixMs: 0,
+          providerIndicatedTimeUnixMs: undefined,
+        },
+      }
+    }
+    await this.responseCache.write(this.name, [{ params: param, response }])
+  }
+
+  async _handleRequest(
+    param: RequestParams,
+  ): Promise<AdapterResponse<BalanceTransportTypes['Response']>> {
+    const { portfolio, symbol, type, apiKey, acceptDelay } = param
+    const providerDataRequestedUnixMs = Date.now()
+
+    const response = await this.sendBalanceRequest(portfolio, symbol, type, apiKey)
+    if (!response) {
+      return errorResponse(
+        `The data provider did not return data for Portfolio: ${param.portfolio}, Balance Type: ${param.type}, Symbol: ${param.symbol}`,
+        providerDataRequestedUnixMs,
+      )
+    }
+
+    if (!response.balances) {
+      return errorResponse(
+        `The data provider response does not contain a balances list for Portfolio: ${param.portfolio}, Balance Type: ${param.type}, Symbol: ${param.symbol}`,
+        providerDataRequestedUnixMs,
+      )
+    }
+
+    // The adapter only supports querying one asset at a time so the balances list should only contain 1 element
+    if (response.balances.length !== 1) {
+      return errorResponse(
+        `The data provider response does not contain exactly one element in the balances list for Portfolio: ${param.portfolio}, Balance Type: ${param.type}, Symbol: ${param.symbol}`,
+        providerDataRequestedUnixMs,
+      )
+    }
+
+    const result = Number(response.balances[0].amount)
+    if (isNaN(result)) {
+      return errorResponse(
+        `The data provider returned non-numeric balance: ${response.balances[0].amount}`,
+        providerDataRequestedUnixMs,
+      )
+    }
+
+    const generateResponseBody = (r: number = result) => {
+      return {
+        result: r,
+        data: {
+          result: r,
+        },
+        statusCode: 200,
+        timestamps: {
+          providerDataRequestedUnixMs,
+          providerDataReceivedUnixMs: Date.now(),
+          providerIndicatedTimeUnixMs: undefined,
+        },
+      }
+    }
+
+    // If acceptDelay is false, return the new result right away
+    if (!acceptDelay) {
+      return generateResponseBody()
+    }
+
+    const cacheKey = calculateCacheKey({
+      transportName: this.name,
+      data: param,
+      adapterName: this.responseCache.adapterName,
+      endpointName: this.responseCache.endpointName,
+      adapterSettings: this.responseCache.adapterSettings,
+    })
+
+    // If `result` doesn't match already cached response, don't update the response cache right away.
+    // We want to delay returning the new value by time = DELAYED_RESPONSE_MS by caching this value
+    // in a separate map for DELAYED_RESPONSE_MS.
+    const cachedResponse = await this.responseCache.cache.get(cacheKey)
+    if (!cachedResponse?.result || result === cachedResponse.result) {
+      // If no cached result or the new result is the same as the cached result,
+      // return the new result, which writes to or refreshes the response cache TTL
+      // Clear the blipCache to avoid edge case where the value goes from x to y, then back to x, then back to y
+      // which would maintain a value in the cache, registering the second y as having passed the cache threshold immediately
+      logger.trace(`Preventatively deleting blipCache for ${cacheKey}`)
+      blipCache.delete(cacheKey)
+      return generateResponseBody()
+    }
+
+    const blipCacheValue = blipCache.get(cacheKey)
+
+    // If the result is the same as the temporarily cached value in blipCache, we want to check if
+    // the value in blipCache has been cached long enough to be considered "good"
+    if (result === blipCacheValue?.result) {
+      const isBlipCacheStale =
+        blipCacheValue?.timestamp <= Date.now() - this.settings.DELAYED_RESPONSE_MS
+      if (isBlipCacheStale) {
+        // blipCache value has been cached long enough and seems like a good value, update the response cache
+        logger.debug(`Deleting blipCache for ${cacheKey}`)
+        blipCache.delete(cacheKey)
+        return generateResponseBody()
+      }
+    } else {
+      // blipCache value is missing or is not the same as the result, overwrite
+      logger.debug(`Setting blipCache for ${cacheKey} to ${result}`)
+      blipCache.set(cacheKey, { result, timestamp: providerDataRequestedUnixMs })
+    }
+
+    // At this point, we have a new result that is different from the cached result
+    // and the blipCache value is still under the DELAYED_RESPONSE_MS threshold.
+    // return the cached result
+    return generateResponseBody(cachedResponse.result)
+  }
+
+  async sendBalanceRequest(
+    portfolio: string,
+    symbol: string,
+    type: string,
+    apiKey: string,
+  ): Promise<ResponseSchema> {
+    const [signingKey, accessKey, passPhrase] = getApiKeys(apiKey, this.settings)
+    const timestamp = Math.floor(Date.now() / 1000)
+    const method = 'GET'
+    const path = `/v1/portfolios/${portfolio}/balances`
+    const message = `${timestamp}${method}${path}`
+    const signature = sign(message, signingKey)
+
+    const requestConfig = {
+      baseURL: this.settings.API_ENDPOINT,
+      url: path,
+      headers: {
+        'X-CB-ACCESS-KEY': accessKey,
+        'X-CB-ACCESS-PASSPHRASE': passPhrase,
+        'X-CB-ACCESS-SIGNATURE': signature,
+        'X-CB-ACCESS-TIMESTAMP': timestamp,
+        'Content-Type': 'application/json',
+      },
+      params: {
+        symbols: symbol.toUpperCase(),
+        balance_type: `${type.toUpperCase()}_BALANCES`,
+      },
+    }
+
+    const res = await this.requester.request<ResponseSchema>(
+      calculateHttpRequestKey<BalanceTransportTypes>({
+        context: {
+          adapterSettings: this.settings,
+          inputParameters,
+          endpointName: this.endpointName,
+        },
+        data: requestConfig.params,
+        transportName: this.name,
+      }),
+      requestConfig,
+    )
+
+    return res.response.data
+  }
+
+  getSubscriptionTtlFromConfig(adapterSettings: BaseEndpointTypes['Settings']): number {
+    return adapterSettings.WARMUP_SUBSCRIPTION_TTL
+  }
+}
+
+export const balanceTransport = new BalanceTransport()
diff --git a/packages/sources/coinbase-prime/src/transport/utils.ts b/packages/sources/coinbase-prime/src/transport/utils.ts
index 334a546323..79361585e5 100644
--- a/packages/sources/coinbase-prime/src/transport/utils.ts
+++ b/packages/sources/coinbase-prime/src/transport/utils.ts
@@ -29,3 +29,19 @@ export const getApiKeys = (apiKey: string, config: BaseEndpointTypes['Settings']
     return [config.SIGNING_KEY, config.ACCESS_KEY, config.PASSPHRASE]
   }
 }
+
+export const errorResponse = (
+  message: string,
+  providerDataRequestedUnixMs: number,
+  statusCode = 502,
+) => {
+  return {
+    errorMessage: message,
+    statusCode,
+    timestamps: {
+      providerDataRequestedUnixMs,
+      providerDataReceivedUnixMs: Date.now(),
+      providerIndicatedTimeUnixMs: undefined,
+    },
+  }
+}