Pricing Network and Oracle

In the platform, oracles play a vital role by providing a reliable source of financial market data that users rely upon for opening, closing, and liquidating perpetual positions.

The integration of a low-latency oracle solution offers several benefits, such as aggregate price feeds, enhancing data security, and minimizing front-running risks on the DEX exchange. The platform also benefits from a strong degree of tamper-resistance when settling user trades, reducing exposure to stale price execution and value extraction. Moreover, the gas-efficient nature of these oracles contributes to a cost-effective trading experience for users. utilises Chainlink as its oracle source, leveraging its low-latency oracle solution to enable high-speed DeFi applications. These advancements complements the performance of the platform, making it one of the most intuitive and user-friendly interfaces available to traders and market participants. also operates its own independent pricing network across supported exchanges: Binance, Bybit, OKX. This allows us to enhance the accuracy of functional health assessments and trading activities.

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