Oracles

Oracles in Dexodus V2

In Dexodus V2, we use the Pyth Network to provide high-fidelity, real-time market data for all protocol operations.

Pyth is a specialized oracle network that sources price data directly from leading financial institutions, ensuring our users benefit from accurate and trustworthy information.

Key Features of Our Pyth Integration:

• High-Frequency Updates: Price feeds update multiple times per second, offering low-latency data for precision in all transactions.

• First-Party Data: Data is sourced directly from prominent exchanges and market makers, guaranteeing reliability and robustness.

• Confidence Intervals: Each price comes with a confidence interval, providing a clear measure of market volatility.

• On-Demand Model: We pull the latest price updates in real-time when a transaction requires it, ensuring the most current and secure data is always used.

This integration with Pyth Network allows Dexodus to maintain a secure, efficient, and reliable platform for our users.