Oracles

AGDEX utilizes the decentralized Pyth network, which provides up-to-date token prices data to smart contracts on APTOS Mainnet.

Responsibilities of an oracle

  • Updates, stores, and distributes up-to-date token prices relevant to the system.

  • Disables exchange functionality if prices are not fresh.

  • Provides functionality to perform exchange rate conversions.

More about Pyth: https://pyth.network/

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