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TheBlock 2021-06-30 08:59:15

An overview of oracle-reliant market makers

Quick TakeWe are witnessing an increasing usage of oracles in decentralized spot exchanges and perpetual derivatives exchangesFunding rates on perpetual futures exchanges require input from oracles to make the contract price close to the spot priceThe update frequency of existing price oracles is not sufficient for operating a decentralized spot exchange that continually tracks external prices

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