DeltaTrade
  • Introduction to DeltaTrade 🤖
    • Vision
    • Features
      • Trading Vault
        • Grid Trading
        • Swing Vault
        • DCA
        • Rebalancing Bot
      • MultiChain - Chain Abstraction(Coming Soon)
      • OrderBook(Coming Soon)
      • Full Platform Market Maker
      • AI Powered Strategy(Coming Soon)
    • Protocol fees
    • Fee referral rebate mechanism
    • Official Links
    • FAQ
  • Technical information
    • Security
      • Fund Security
      • Audit
      • Oracle
    • Implementation Concepts
    • Source of liquidity
  • Activities
    • DeltaDisk NFT
    • Testnet campaign
      • NFT Details
    • Gachapon
    • Delta Points
    • Ranking Competition
    • Burrow & Trade
    • Mining
  • User guide
    • Official DeltaBot Links
    • Introduction to Near Protocol
    • Introduction to DeltaBot Functional Modules
      • Home Page
      • Market
      • Vaults
      • DashBoard
      • LeaderBoard
    • How to Create a Trading Bot
    • Grid Trading Bot Creation Strategies
      • Wide Price Range
      • Narrow Price Range
      • Pure Buy Order Grid Strategy
      • Pure Sell Order Grid Strategy
      • Unbalanced Buy-Sell Order Grid Strategy
  • SDK
    • SmartContract
      • DCA
        • Token Storage Deposit
        • Deposit
        • Create DCA
        • Query DCA
      • Grid
      • Swing
    • JS
      • DCA
      • Grid
      • Swing
  • Business
    • Contact Us
Powered by GitBook
On this page
  1. Technical information
  2. Security

Oracle

PreviousAuditNextImplementation Concepts

Last updated 1 year ago

DeltaTrade product is using the oracle of Pyth Network.

DeltaTrade uses Pyth Network price feed to verify whether the price when the user signed is consistent with the price when it was uploaded to the chain when creating the Bot. If the slippage limit is exceeded, the Trading Vault creation will fail.

DeltaTrade is also using Pyth Network service for two other features:

  • Allows users to create unactivated Trading Vault and then activate them when the price reaches the user's expectation.

  • Allows users to set up take-profit and stop-loss Trading Vault. When the price reaches the take-profit and stop-loss price, anyone can help users close the Trading Vault.

DeltaTrade use Pyth Network service on both testnet and mainnet product.

Pyth Oracle

The is a first-party financial data oracle network that delivers low-latency price data for various assets to blockchains securely.

The Pyth protocol aggregates the data providers' inputs to produce a single aggregate price and confidence interval every 400ms for each price feed. This aggregation mechanism lives on an application-specific blockchain called Pythnet.

Pyth Network introduces a unique architecture called the Pull Oracle. With the Pull Oracle design, data users can “pull” or request a price update from the Pyth protocol when needed.

Learn more, refer to the .

Pyth Network
Pyth documentation