21-07-2026, 12:32
An oracle system is an important part of perpetual exchange development because it helps the platform access real time market price data. A perpetual exchange needs this information to understand the current value of assets and process trades based on accurate prices.
For example, when a trader opens a position, the platform needs current prices to calculate profit, loss, funding fees, and liquidation levels. The oracle provides this information so the exchange can process trades based on updated market conditions.
Adding the right oracle system helps create a trading platform that can handle price updates and important trading functions correctly.
Adding the right oracle system helps create a trading platform that can handle price updates and important trading functions correctly.
For example, when a trader opens a position, the platform needs current prices to calculate profit, loss, funding fees, and liquidation levels. The oracle provides this information so the exchange can process trades based on updated market conditions.
Adding the right oracle system helps create a trading platform that can handle price updates and important trading functions correctly.
Adding the right oracle system helps create a trading platform that can handle price updates and important trading functions correctly.