Skip to main content

Off-Chain Oracle

The value of a crypto derivative is derived from the pricing data provided by our oracle nodes. These nodes are independent and incentivized to provide accurate, near real-time (~1s) pricing data. The off-chain pricing data is sourced from multiple sources, including CoinGecko, Binance, Crypto.com, and various on-chain resources.

Our backend server stores off-chain oracle data that is updated once every second, and all data is signed and timestamped. This data is then verified when it's used in off-chain oracle-based swaps, ensuring that all transactions are secure and reliable.